Corporations, Not for Profit - As introduced, enacts the "Volunteer Communities Act," which provides an unincorporated association or nonprofit corporation organized primarily to provide mutual support and assistance within a community or neighborhood certain benefits, including franchise and excise, sales, and property tax credits and exemptions, and certain liability, food, and zoning protections for mutual aid activities conducted by the organization. - Amends TCA Title 4; Title 8; Title 9...
Taken off notice for cal in s/c Business and Utilities Subcommittee of Commerce Committee
Summary
The bill establishes a new Volunteer Communities Act that lets qualifying mutual‑aid groups—unincorporated associations or small nonprofits—receive franchise, excise, sales and property tax credits and exemptions, plus liability, food‑service and zoning protections. It requires these groups to register with the secretary of state, file a modest fee, and submit annual reports. If a group grows beyond $100,000 in revenue, it must either shrink or become a federally recognized nonprofit to keep the benefits.
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