Bill

Bill > S861


NJ S861

Exempts volunteer fire companies from paying annual charitable registration fee.


summary

Introduced
01/09/2024
In Committee
01/09/2024
Crossed Over
Passed
Dead

Introduced Session

2024-2025 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, non-profit organizations must pay an annual registration fee to the State Attorney General's office, with the fee amount based on the organization's revenue. While some exemptions to the fee exist, volunteer fire companies are not categorically exempt. This bill would exempt volunteer fire companies from having to pay the annual registration fee, though 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 01/09/2024)

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