§ 8-7-114 — Disclosure of nonprofit organization donors - Disclosure requirements - Section definitions

(a) If a written request for the following information is made jointly by the speaker of the senate and the speaker of the house of representatives, then a nonprofit organization that has entered into a contract or memorandum of understanding with the district attorney general related to policies and strategies related to cash bail, unless such contract or memorandum of understanding is required by statute, shall disclose to the speakers the list of persons or entities that have donated to the nonprofit organization in the previous calendar year in accordance with this section. (b) The disclosed list of persons or entities that have donated to the nonprofit organization must be restricted to the lesser of the top five (5) donors or the top five percent (5%) of donors in the previous calendar year. The aggregate donation during the previous calendar year must be equal to or greater than twenty-five thousand dollars ($25,000). (c) Disclosure of the list of persons or entities must only include the name of the person or entity. Other personal identifying information or details must not be included. (d) As used in this section, "nonprofit organization": (1) Means an organization that is exempt from payment of federal income taxes pursuant to § 501(c) of the Internal Revenue Code of 1986 ( 26 U.S.C. § 501(c) ), including a limited liability company for which a nonprofit organization has a controlling interest; and (2) Does not include an entity described under § 170(b)(1)(A)(ii) of the Internal Revenue Code of 1986 ( 26 U.S.C. § 170(b)(1)(A)(ii) ), including any affiliate of such entity.

Legislative History

Added by 2024 Tenn. Acts, ch. 816,s 1, eff. 7/1/2024.