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A bill that will extend the transitional levy rate for Fire and Emergency New Zealand (FENZ) to June 30, 2020 has been introduced in Parliament.
Internal Affairs Minister Tracey Martin brought the bill before Parliament yesterday. She highlighted that the introduction of a new levy regime, which applies to homeowners and businesses and is collected through insurance premiums, is a large undertaking and that it is important that it is done right.
“There are technical issues that need to be thought through and we want to have more information about what FENZ’s costs are before setting the new levy rates to fund it,” she explained. “This is a short, sharp bill.”
The minister noted the bill proposes to extend the introduction of the new levy regime from the originally planned effective date of July 01, 2019 to July 01, 2020.
The bill also contains a small number of consequential changes, such as bringing forward the planned levy exemption for the collections of public museums, public art galleries and whare taonga.
