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NY S07888

Bill

Status

Introduced

5/13/2025

Primary Sponsor

Anthony Palumbo

Click for details

Origin

Senate

2025-2026 General Assembly

AI Summary

  • Expands the permitted uses of foreign fire insurance premium taxes collected by the Ridge Volunteer Exempt Firefighter's Benevolent Association in Suffolk County, New York

  • Removes the restriction that limited tax funds to only "care and relief of disabled or indigent volunteer and exempt firefighters and their families"

  • Allows the association to use the collected taxes for any purposes outlined in section three of the association's establishing act (chapter 521 of the laws of 2001)

  • Applies to taxes due on premiums received on and after January 1, 2026

  • Takes effect immediately upon passage

Legislative Description

Relates to the use of foreign fire insurance premium taxes by the Ridge volunteer exempt firefighter's benevolent association.

Last Action

PRINT NUMBER 7888B

2/3/2026

Committee Referrals

Local Government5/13/2025

Full Bill Text

No bill text available