Bill Text: NY A06134 | 2015-2016 | General Assembly | Introduced


Bill Title: Relates to the payment of foreign fire insurance premium taxes by the Volunteer Exempt Firefighter's Benevolent Association of Manhasset-Lakeville.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2015-06-15 - substituted by s4899 [A06134 Detail]

Download: New_York-2015-A06134-Introduced.html
                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                         6134
                              2015-2016 Regular Sessions
                                 I N  A S S E M B L Y
                                    March 16, 2015
                                      ___________
       Introduced  by M. of A. SCHIMEL -- read once and referred to the Commit-
         tee on Local Governments
       AN ACT to amend chapter 407 of the laws of 2014, relating to the  incor-
         poration  of the Volunteer Exempt Firefighter's Benevolent Association
         of Manhasset-Lakeville, in relation to the  payment  of  foreign  fire
         insurance premium taxes
         THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
       BLY, DO ENACT AS FOLLOWS:
    1    Section 1. Section 7 of chapter 407 of the laws of 2014,  relating  to
    2  the incorporation of the Volunteer Exempt Firefighter's Benevolent Asso-
    3  ciation of Manhasset-Lakeville, is amended to read as follows:
    4    S 7. Precept for payment of foreign fire insurance premium taxes. Such
    5  corporation  shall  collect  and  there  shall  be  paid to it all taxes
    6  imposed by article 91 of the insurance law for fire department  use  and
    7  benefit,  upon  premiums  for  insurance  against loss or damage by fire
    8  covering property situated in the  Manhasset-Lakeville  Fire  Department
    9  fire  protection  district,  in  the  town of North Hempstead, county of
   10  Nassau, or within any duly organized territory in which  the  Manhasset-
   11  Lakeville  Fire  Department  is  or  may  be  obligated  to  render fire
   12  protection. The officer of said corporation designated by its by-laws to
   13  collect and receive the aforesaid tax shall have all the powers  and  be
   14  subject to all the provisions of the insurance law, relating to treasur-
   15  ers  of  fire  departments.  Such  corporation shall also be entitled to
   16  receive a share of the tax imposed by article 91 of the  insurance  law,
   17  based  upon  the business written in the territory with respect to which
   18  it is entitled to collect and receive the tax under article  91  of  the
   19  insurance law. [Such taxes shall only be used for the care and relief of
   20  disabled  or  indigent  volunteer  and exempt volunteer firefighters and
   21  their families.]
   22    S 2. This act shall take effect immediately.
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD09752-01-5
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