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...

Summary

The bill defines "mutual aid organization" and sets up a simple registration process with the Secretary of State. Qualified groups—those with less than $100,000 in annual revenue and not required to file IRS Form 990—receive franchise, excise, sales and property tax credits, plus liability, food and zoning protections. If a group grows beyond those limits, it must shrink revenue or become a federally recognized nonprofit or lose the benefits.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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