Bill Text: NY A07432 | 2019-2020 | General Assembly | Introduced

New York Assembly Bill 7432 (Prior Session Legislation)

NOTE: There are more recent revisions of this legislation. Read Latest Draft

Bill Title: Relates to the purpose and use of the foreign fire insurance premium taxes by the Snyder Volunteer Firemen's Benevolent Association; changes name to "Firefighter's".

Spectrum: Slight Partisan Bill (Democrat 2-1)

Status: (Passed) 2019-10-23 - SIGNED CHAP.402 [A07432 Detail]

Download: New_York-2019-A07432-Introduced.html

                STATE OF NEW YORK
        ________________________________________________________________________
                                          7432
                               2019-2020 Regular Sessions
                   IN ASSEMBLY
                                       May 3, 2019
                                       ___________
        Introduced  by M. of A. McMAHON -- read once and referred to the Commit-
          tee on Local Governments
        AN ACT to amend chapter 635 of the laws of 1963 relating to  incorporat-
          ing the Snyder Volunteer Firemen's Benevolent Association, in relation
          to its purpose and the use 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. Sections 3 and 7 of chapter 635 of the laws of 1963, relat-
     2  ing to incorporating the Snyder Volunteer Firemen's  Benevolent  Associ-
     3  ation, are amended to read as follows:
     4    §  3.  Purposes.  [The  purposes  of  such  corporation  shall  be the
     5  promotion of fraternal intercourse among  the  members  of  such  corpo-
     6  ration,  the  relief, aid and assistance of such members and their fami-
     7  lies who are disabled or indigent, and the promotion of the  welfare  of
     8  the fire department service within the Snyder Fire District and territo-
     9  ry  provided  with fire protection by contract with such fire district.]
    10  The purposes of the corporation created by  this  act  are:  to  provide
    11  relief,  aid and assistance to the volunteer members of such corporation
    12  who are disabled or injured in the  performance  of  their  duties,  and
    13  their  families;  to  maintain a suitable headquarters for the volunteer
    14  members of such corporation; to promote and safeguard the welfare of the
    15  volunteer members of the corporation, and their families; to provide for
    16  the health and safety of the volunteer members of the  corporation;  and
    17  to  enhance  the  morale  of the volunteer members of the corporation by
    18  providing social and recreational activities for the  volunteer  members
    19  of  the  corporation,  and  the  promotion of the volunteer fire service
    20  within the territory protected by such fire  department  of  the  Snyder
    21  Fire Department, Incorporated.
    22    § 7. Precept for payment of foreign fire insurance premium taxes. Such
    23  corporation  shall  collect  and  there  shall  be  paid to it all taxes
    24  imposed by [section five hundred fifty-three] section ninety-one hundred
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD10292-04-9

        A. 7432                             2
     1  four of the insurance law, for fire department  use  and  benefit,  upon
     2  premiums  for insurance against loss or damage by fire covering property
     3  situated within the territory protected by the Snyder  Fire  Department,
     4  Incorporated,  located in the Town of Amherst, Erie County, New York, or
     5  within any duly organized territory in which the Snyder Fire Department,
     6  Incorporated is or may be obligated to render fire protection. The offi-
     7  cer of said corporation designated by its by-laws to collect and receive
     8  the aforesaid tax shall have all the powers and be subject  to  all  the
     9  provisions  of the insurance law, relating to treasurers of fire depart-
    10  ments.  Such corporation shall also be entitled to receive  a  share  of
    11  the  tax imposed by [section five hundred fifty-four] section ninety-one
    12  hundred five of the insurance law, based upon the  business  written  in
    13  the  territory  with  respect  to  which  it  is entitled to collect and
    14  receive the tax under [section five hundred fifty-three]  section  nine-
    15  ty-one hundred four of the insurance law. [Such taxes shall only be used
    16  for  the  care  and  relief of disabled or indigent volunteer and exempt
    17  volunteer firemen and their families] Such taxes shall only be  used  by
    18  the  corporation  in furtherance of its purposes as set forth in section
    19  three of this act.
    20    § 2. This act shall take effect immediately;  provided  however,  that
    21  the  amendments  to  section  seven  of  chapter 635 of the laws of 1963
    22  relating to incorporating  the  Snyder  Volunteer  Firemen's  Benevolent
    23  Association  made by section one of this act shall apply to taxes due on
    24  premiums received on and after January 1, 2020.