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MS SB2653
Bill
AI Summary
- Requires nonprofit corporations receiving $200,000 or more in public funds from the State during any fiscal year to file annual reports with the Secretary of State
- Reports must provide detailed explanation of how funds were distributed and demonstrate compliance with any limitations on expenditure and distribution of those funds
- Secretary of State shall prescribe the form for these required reports
- Applies definition of nonprofit corporation from Section 79-11-127(z) of Mississippi Code
- Effective July 1, 2023
Legislative Description
Nonprofit corporations which receive public funds; require reporting to Secretary of State.
Last Action
Died On Calendar
3/8/2023
Committee Referrals
Judiciary A2/13/2023
Judiciary, Division A1/16/2023
Full Bill Text
No bill text available