Bill
Bill > S2231
summary
Introduced
03/07/2022
03/07/2022
In Committee
03/07/2022
03/07/2022
Crossed Over
Passed
Dead
01/08/2024
01/08/2024
Introduced Session
2022-2023 Regular Session
Bill Summary
With the exception of religious organizations and schools, tax exempt organizations that raise funds are subject to the payment of fees under the State's "Charitable Registration and Investigation Act." Fees are based on the level of funds raised by the organization. For example, a volunteer fire company that raises between $100,000 and $500,000 in contributions would pay $150 in fees. Organizations which raise $25,000 or less are exempt from fees. This bill would exempt volunteer fire companies from payment of these fees. Roughly 750 fire organizations, which pay fees totaling approximately $52,000, would benefit.
AI Summary
This bill would exempt volunteer fire companies from having to pay charitable registration fees under the State's "Charitable Registration and Investigation Act." The Act generally requires tax-exempt organizations that fundraise to pay fees based on the amount of funds they raise, with some exceptions like religious organizations and schools. This bill would add volunteer fire companies to the list of organizations exempt from these registration fees. Roughly 750 fire organizations that currently pay a total of $52,000 in fees would benefit from this exemption.
Committee Categories
Justice
Sponsors (1)
Last Action
Introduced in the Senate, Referred to Senate Law and Public Safety Committee (on 03/07/2022)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.njleg.state.nj.us/bill-search/2022/S2231 |
| BillText | https://www.njleg.state.nj.us/Bills/2022/S2500/2231_I1.HTM |
| Bill | https://www.njleg.state.nj.us/Bills/2022/S2500/2231_I1.PDF |
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