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NY A03786
Bill
Status
1/30/2025
Primary Sponsor
David Weprin
Click for details
AI Summary
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Allocates 1% of fire insurance premium tax revenues to the New York State Professional Firefighters Association to promote, support, and maintain the well-being of paid professional firefighters in the state
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Reduces the allocation to the Firefighters Association of the State of New York (for the firefighter's home in Hudson, NY) from 10% to 9% of fire insurance premium tax revenues
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Updates terminology from "Firemen's" to "Firefighters" throughout the relevant insurance law section
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Applies to all monies received by the Superintendent of Financial Services on or after April 1, 2026
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Takes effect immediately upon enactment
Legislative Description
Relates to the distribution of fire insurance premium taxes; provides that a percentage of fire insurance premium taxes be paid to the treasurer of the NYS Professional Firefighters Association to promote, support and maintain the well-being of paid professional firefighters employed in the state.
Last Action
referred to insurance
1/7/2026