Bill > SB0453

This bill modifies Tennessee's existing regulations regarding fundraising campaign reporting by professional solicitors for nonprofit organizations. Specifically, the bill changes the timing for submitting solicitation materials to the secretary of state. Instead of requiring materials to be filed prior to starting a solicitation campaign, the bill now allows professional solicitors to submit materials within 90 days after completing a campaign or within 90 days after the end of the fiscal year for campaigns lasting more than one year. The bill also removes two existing requirements: first, the phrase "which is utilized in the campaign" from the current law, and second, the requirement to notify the secretary of state within seven days of any modifications to campaign solicitation literature or promotional materials. These changes appear to provide more flexibility for professional solicitors in reporting and documenting their fundraising materials, potentially reducing administrative burden while maintaining some level of oversight. The bill will take effect immediately upon becoming law, as determined by the Tennessee General Assembly.

Business and Industry

https://wapp.capitol.tn.gov/apps/Billinfo/default.aspx?BillNumber=SB0453&ga=114