Corporations, Not for Profit - As introduced, requires a nonprofit organization that receives state or federal grants to compile, maintain, and publish in a publicly available location the salaries of the nonprofit organization's employees. - Amends TCA Title 4; Title 10, Chapter 7; Title 35; Title 48 and Title 50.
P2C, ref. to Commerce Committee
Summary
The bill mandates that any nonprofit organization in Tennessee that receives state or federal grant money must compile a list of each employee’s salary, publish it in a publicly accessible location, and refresh the data at least every six months. If the nonprofit has a website, the salary information must be posted there. It also lets private citizens sue nonprofits that fail to comply, with courts able to issue injunctions and award legal fees.
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