New York A 6977: Grants William J. Cooley additional service credit within the New York state and local police and fire retirement system

Bill Text

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A06977 Summary:

BILL NOA06977 

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SAME ASNo Same As

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SPONSORWoerner

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COSPNSR

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MLTSPNSR

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Amd §9104, Ins L

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Increases the fire insurance premium tax on foreign and alien insurers.

Go to top A06977 Actions:

BILL NOA06977 

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03/18/2025referred to insurance

01/07/2026referred to insurance

Go to topA06977 Committee&nbspVotes:

Go to topA06977 Floor&nbspVotes:

There are no Assembly votes for this bill in this legislative session.

Go to topA06977 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 6977

 2025-2026 Regular Sessions

 IN ASSEMBLY

 March 18, 2025
 ___________

 Introduced by M. of A. WOERNER -- read once and referred to the Commit-
 tee on Insurance

 AN ACT to amend the insurance law, in relation to the fire insurance
 premium tax on foreign and alien insurers

 The People of the State of New York, represented in Senate and Assem-
 bly, do enact as follows:

 1 Section 1. The opening paragraph of subsection (a) of section 9104 of
 2 the insurance law, as amended by chapter 293 of the laws of 1988, is
 3 amended to read as follows:
 4 Except in the cities of New York and Buffalo, there shall be paid by
 5 every foreign and alien fire insurance corporation, association or indi-
 6 viduals which insure property against loss or damage by fire, except
 7 foreign mutual fire insurance companies, on or before the first day of
 8 March the sum of [one dollar] two dollars and eighty cents upon the
 9 hundred dollars, and at that rate, upon the amount of all premiums which
 10 during the year, or part of a year, ending on the last preceding thir-
 11 ty-first day of December, shall have been received by any such insurer
 12 for any insurance against loss or damage by fire written by it upon
 13 property situated within each city, village, fire district, or fire
 14 alarm district, or fire protection district to:
 15 § 2. This act shall take effect on the first of January next succeed-
 16 ing the date on which it shall have become a law.

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD10289-01-5

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