New York A00527 amends the insurance law to change how the foreign and alien fire insurance premium tax is distributed among fire companies.

New York A00527 amends the insurance law to alter the distribution of the foreign and alien fire insurance premium tax. Currently, the tax is distributed to fire companies within a fire department. Starting from the effective date of the 2025 amendment, the tax will be distributed based on the number of active members in each fire company. An "active member" is defined as someone who participates in firefighting and is subject to call for duties under the fire department's rules. This change aims to provide a more equitable distribution of the tax among fire companies.

New York A00527 amends the insurance law to change how the foreign and alien fire insurance premium tax is distributed among fire companies.

New York A00527 amends the insurance law to alter the distribution of the foreign and alien fire insurance premium tax. Currently, the tax is distributed to fire companies within a fire department. Starting from the effective date of the 2025 amendment, the tax will be distributed based on the number of active members in each fire company. An "active member" is defined as someone who participates in firefighting and is subject to call for duties under the fire department's rules. This change aims to provide a more equitable distribution of the tax among fire companies.