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NY S07440
Bill
Status
9/15/2023
Primary Sponsor
Sean Ryan
Click for details
AI Summary
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Expands the stated purposes of the Grand Island Volunteer Firemen's Benevolent Association to include promoting volunteer member welfare, health and safety, and providing social and recreational activities.
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Broadens the allowable uses of foreign fire insurance premium taxes collected under Insurance Law sections 9104 and 9105 from only relief of disabled or indigent volunteer firefighters to any purpose furthering the corporation's stated objectives.
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Updates references in the Insurance Law from sections 553 and 554 to sections 9104 and 9105.
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Takes effect immediately and applies to taxes due on premiums received on or after January 1, 2024.
Legislative Description
Expands the use of foreign fire insurance premium taxes by the Grand Island Volunteer Firemen's Benevolent Association.
Last Action
SIGNED CHAP.466
9/15/2023