SB1330113th GA (Historical)Introduced

Amends TCA Title 3, Chapter 17 and Title 49.

Under present law, a nonprofit organization seeking to operate an annual event for the benefit of that organization located in this state must submit an annual event application to the secretary of state, or the secretary of state's authorized representative ("secretary"), by January 31 each year for the annual event period beginning July 1 of that calendar year and ending June 30 of the subsequent calendar year.<br /> <br /> This bill adds that a school foundation, established as a 501(c)(3) organization, or a school support organization, that is seeking to operate an annual event for the benefit of the organization located in this state may submit to the secretary an application one time by January 31 and the application will be automatically renewed thereafter.<br /> <br /> FEES<br /> <br /> Under present law, an initial application fee of $50.00 must be paid at the time of submission of an application. However, present law authorizes the secretary to establish a fee schedule for applications based on the gross revenue of the annual event, except that such fee cannot exceed $700. Funds collected by the secretary must be used to defray the cost of operating the division of the department of state administering the Tennessee Nonprofit Gaming Law.<br /> <br /> This bill provides that an organization that submits an application that will be automatically renewed and has paid the initial application fee is exempt from paying subsequent application fees each time the application is automatically renewed.<br />

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Overview

Under present law, a nonprofit organization seeking to operate an annual event for the benefit of that organization located in this state must submit an annual event application to the secretary of state, or the secretary of state's authorized representative ("secretary"), by January 31 each year for the annual event period beginning July 1 of that calendar year and ending June 30 of the subsequent calendar year.<br /> <br /> This bill adds that a school foundation, established as a 501(c)(3) organization, or a school support organization, that is seeking to operate an annual event for the benefit of the organization located in this state may submit to the secretary an application one time by January 31 and the application will be automatically renewed thereafter.<br /> <br /> FEES<br /> <br /> Under present law, an initial application fee of $50.00 must be paid at the time of submission of an application. However, present law authorizes the secretary to establish a fee schedule for applications based on the gross revenue of the annual event, except that such fee cannot exceed $700. Funds collected by the secretary must be used to defray the cost of operating the division of the department of state administering the Tennessee Nonprofit Gaming Law.<br /> <br /> This bill provides that an organization that submits an application that will be automatically renewed and has paid the initial application fee is exempt from paying subsequent application fees each time the application is automatically renewed.<br />

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Sponsor

Unknown

Details
Session

113th General Assembly

Introduced

January 31, 2023

Subjects
28962883

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SB1330: Amends TCA Title 3, Chapter 17 and Title 49. | LegisGo