Bill Text: NY S08911 | 2017-2018 | General Assembly | Introduced

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Bill Title: Relates to taxes on foreign fire insurance premiums; permits local governments to update outdated laws related to the disbursement of foreign fire insurance.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2018-06-04 - REFERRED TO RULES [S08911 Detail]

Download: New_York-2017-S08911-Introduced.html

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                STATE OF NEW YORK
        ________________________________________________________________________
                                          8911
                    IN SENATE
                                      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:
     1    Section 1. The insurance law is amended by adding a new  section  9112
     2  to read as follows:
     3    §  9112.  Foreign  fire  insurance premiums. Notwithstanding any other
     4  provision of this law or any  general,  special  or  local  law  to  the
     5  contrary,  the  governing body of any city, town or village may adopt by
     6  local law or charter provision the repeal of any existing local  law  or
     7  charter provision that is not in compliance with this article.
     8    § 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