From official state and federal legislative records. Informational only, not legal advice.
Died
This idea didn't make it. It stopped moving and won't become a law this time.
In plain words
AI summaryWritten by AI from the bill text. Check the official text before relying on it.
Revises types of nonprofit organizations that are exempt from commission jurisdiction; provides procedure for commission to determine whether organization is qualifying nonprofit organization exempt from commission jurisdiction; provides standards for making such determinations; authorizes organization to petition commission to regain qualifying nonprofit organization status; requires specified waiting period before certain organizations may petition to regain qualifying nonprofit organization status; requires commission to adopt rules