State Rep. Rush Bricken, R-Tullahoma, announced that the General Assembly successfully reduced the $10 fee for charitable filings through June 30, 2023. The reduced fee will allow organizations to Tennessee nonprofit saved about $2.1 million.
The legislation extends the reduction of all fees charged under the Charitable Solicitation and Gaming Act to $10 for the 2022 fiscal year. Filing fees for charities generally range from $50 to $240.
“The people of Tennessee are incredibly generous, and the donations they make each year to nonprofits in our state deserve to stay with these important organizations,” Bricken said. “I was proud to sponsor this legislation to reduce filing fees for charities for another year in Tennessee. In doing so, we will help ensure that millions of dollars in contributions stay with nonprofit organizations that provide essential support to individuals in our state.
Governor Bill Lee signed into law the legislation on April 14, 2022. Public Chapter Act 867 goes into effect July 1, 2022.
“Tennessee nonprofits can better use hard-earned funds for their mission instead of filling government reserves,” said Secretary of State Tre Hargett. “I appreciate Rep. Bricken working with our office to sponsor legislation that keeps Tennesseans’ generous donations in the hands of charities that help many people in our state every day.”
For more information about the Secretary of State’s Business and Charities Division, visit sos.tn.gov/charities.