PUBLIC AUTHORITIES/NONPROFIT CORPORATIONS.

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View NCGA Bill Details2015-2016 Session
Senate Bill 462 (Public) Filed Wednesday, March 25, 2015
AN ACT TO CLARIFY THAT A PUBLIC AUTHORITY MAY ESTABLISH, CONTROL, AND OPERATE A NONPROFIT CORPORATION WITH TAX EXEMPT STATUS.
Intro. by Hartsell.

Status: Ch. SL 2015-122 (Senate Action) (Jun 29 2015)

SOG comments (1):

Long Title Change

House committee substitute to the 2nd edition makes changes to the long title. The original title is as follows:

AN ACT TO CLARIFY THAT A PUBLIC AUTHORITY MAY ESTABLISH, OWN, AND OPERATE A NONPROFIT CORPORATION WITH TAX EXEMPT STATUS.

S 462/S.L. 2015-122

Bill Summaries:

  • Summary date: Jul 1 2015 - View Summary

    AN ACT TO CLARIFY THAT A PUBLIC AUTHORITY MAY ESTABLISH, CONTROL, AND OPERATE A NONPROFIT CORPORATION WITH TAX EXEMPT STATUS. Enacted June 29, 2015. Effective June 29, 2015.


  • Summary date: Jun 10 2015 - View Summary

    House committee substitute makes the following changes to the 2nd edition.

    Amends the long title.

    Amends the language of proposed GS 159-42.1, concerning the establishment of nonprofit corporations by public authorities, allowing a public authority to control, rather than own, a nonprofit. Also provides that the nonprofit must be created in order to further the authorized purposes of the public authority. Clarifies that such nonprofits cannot have regulatory or enforcement powers and cannot engage in partisan political activity.

     


  • Summary date: Apr 14 2015 - View Summary

    Senate committee substitute makes the following changes to the 1st edition:

    Makes a technical deletion. 


  • Summary date: Mar 25 2015 - View Summary

    As title indicates.