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Senate Bill S8911

2017-2018 Legislative Session

Relates to taxes on foreign fire insurance premiums

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Sponsored By

Archive: Last Bill Status - In Senate Committee Rules Committee

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2017-S8911 (ACTIVE) - Details

Current Committee:
Senate Rules
Law Section:
Insurance Law
Laws Affected:
Add §9112, Ins L
Versions Introduced in Other Legislative Sessions:
2019-2020: S1605
2021-2022: S713
2023-2024: S3549
2025-2026: S5356

2017-S8911 (ACTIVE) - Summary

Relates to taxes on foreign fire insurance premiums; permits local governments to update outdated laws related to the disbursement of foreign fire insurance.

2017-S8911 (ACTIVE) - Sponsor Memo

2017-S8911 (ACTIVE) - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   8911
 
                             I N  S E N A T E
 
                               June 4, 2018
                                ___________
 
 Introduced  by  Sen.  SEWARD -- read twice and ordered printed, and when
   printed to be committed to the Committee on Rules
 
 AN ACT to amend the insurance law, in relation to  the  disbursement  of
   foreign fire insurance premiums
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:

   Section 1. The insurance law is amended by adding a new  section  9112
 to read as follows:
   §  9112.  FOREIGN  FIRE  INSURANCE PREMIUMS. NOTWITHSTANDING ANY OTHER
 PROVISION OF THIS LAW OR ANY  GENERAL,  SPECIAL  OR  LOCAL  LAW  TO  THE
 CONTRARY,  THE  GOVERNING BODY OF ANY CITY, TOWN OR VILLAGE MAY ADOPT BY
 LOCAL LAW OR CHARTER PROVISION THE REPEAL OF ANY EXISTING LOCAL  LAW  OR
 CHARTER PROVISION THAT IS NOT IN COMPLIANCE WITH THIS ARTICLE.
   § 2. This act shall take effect immediately.
 
 
 
 
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD16167-01-8

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