New York A03786 amends the insurance law to allocate a percentage of fire insurance premium taxes to the New York State Professional Firefighters.

New York A03786 amends the insurance law to change the distribution of fire insurance premium taxes. Specifically, it mandates that one percent of the remaining monies received by the superintendent of financial services be paid to the New York State Professional Firefighters Association to promote, support, and maintain the well-being of paid professional firefighters in the state. The act takes effect immediately and applies to all monies received on or after April 1, 2026.

New York A03786 amends the insurance law to allocate a percentage of fire insurance premium taxes to the New York State Professional Firefighters.

New York A03786 amends the insurance law to change the distribution of fire insurance premium taxes. Specifically, it mandates that one percent of the remaining monies received by the superintendent of financial services be paid to the New York State Professional Firefighters Association to promote, support, and maintain the well-being of paid professional firefighters in the state. The act takes effect immediately and applies to all monies received on or after April 1, 2026.