Bill
Bill > S2487
NJ S2487
Exempts volunteer fire companies from paying annual charitable registration fee.
summary
Introduced
05/12/2022
05/12/2022
In Committee
05/12/2022
05/12/2022
Crossed Over
Passed
Dead
01/08/2024
01/08/2024
Introduced Session
2022-2023 Regular Session
Bill Summary
This bill exempts volunteer fire companies from paying the annual registration fee that is required by the State "Charitable Registration and Investigation Act." The State Attorney General has authority to set annual registration fees for charitable and other non-profit organizations. These fees are currently based on the amount of revenue received by an organization, starting with a $30 annual fee for an organization receiving up to $10,000 per year, to a $250 fee for an organization receiving over $500,000 per year. While there are certain exemptions that apply to the fee and registration requirements under current law, volunteer fire companies are not categorically exempted from registration and fees. If enacted, this bill would exempt volunteer fire companies from paying an annual registration fee, but it would not relieve volunteer fire companies of their obligation to register as non-profit organizations.
AI Summary
This bill exempts volunteer fire companies from paying the annual registration fee required by the State "Charitable Registration and Investigation Act." Currently, charitable and non-profit organizations must pay an annual registration fee to the State Attorney General, which varies based on the organization's revenue. While there are some existing exemptions, volunteer fire companies are not categorically exempt from these fees. If enacted, this bill would exempt volunteer fire companies from having to pay the annual registration fee, although they would still be required to register as non-profit organizations.
Committee Categories
Business and Industry
Sponsors (1)
Last Action
Introduced in the Senate, Referred to Senate Commerce Committee (on 05/12/2022)
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/S2487 |
BillText | https://www.njleg.state.nj.us/Bills/2022/S2500/2487_I1.HTM |
Bill | https://www.njleg.state.nj.us/Bills/2022/S2500/2487_I1.PDF |
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