Plain English Breakdown
The official source material does not provide information on whether this change will impact the effectiveness of nonprofit organizations' work with the fund, making it an open question.
Changes to Reporting Period for Nonprofit Partners of Governor's Books from Birth Fund
This bill changes the reporting period for nonprofit organizations that work with the Governor's Books from Birth Fund in Tennessee.
What This Bill Does
- Modifies Tennessee Code Annotated, Title 4, by extending the time a nonprofit organization has to report its activities and achievements to the governor and state representatives from 90 days to 180 days after the end of their fiscal year.
Who It Names or Affects
- Nonprofit organizations that partner with the Governor's Books from Birth Fund in Tennessee.
- The governor and speakers of the senate and house of representatives who receive these reports.
Terms To Know
- Governor's Books from Birth Fund
- A program or fund managed by the governor to provide books to children.
- Nonprofit public benefit corporation
- An organization that operates for a charitable purpose and does not distribute its profits to owners or shareholders.
Limits and Unknowns
- The bill only changes the reporting period and does not affect how the funds are used.
- It is unclear if this change will impact the effectiveness of the nonprofit organizations' work with the fund.