AB 467 — Revises provisions regarding charitable organizations which benefit from special license plates. (BDR 43-396)

A.B.Assembly Bill No.

467467–Committee Aon SSEMBLYGrowth Band ILLNInfrastructure O.CHAPTER..........

467–COMMITTEE ON GROWTH AND INFRASTRUCTURE (ON BEHALF OF THE C OMMISSION ON SPECIAL L ICENSE PLATES ) M ARCH 25, 2019 ____________ Referred to Committee on Growth and Infrastructure SUMMARY—Revises provisions regarding charitable organizations which benefit from special license plates.

(BDR 43-396) FISCAL NOTE:

Effect on Local Government:

No.

Effect on the State:

No.

~ EXPLANATION – Matter in bolded italics is new;

matter between brackets [omitted material] is material to be omitted.

Under existing law, a charitable organization that receives additional fees from the issuance and renewal of special license plates must provide annually to the Commission on Special License Plates certain information, including a balance sheet, a bank statement and a description of how the money was expended by the information is not required to be provided to the Commission by a charitablet such organization if it received less than $10,000 in that year in additional fees or if the special license plates which benefit the charitable organization.organization are no longer in production.

(NRS 482.38277) Section 1 of this bill provides that such information is not required to be provided to the Commission by a charitable organization if it received less than $10,000 in that year in additional fees or if the special license plates which benefit the charitable organization are no longer in production.

-EXPLANATION *AB467* – 2Matter –in THEbolded PEOPLEitalics OFis THEnew; STATE OF NEVADA, REPRESENTED IN SENATE AND ASSEMBLY, DO ENACT AS FOLLOWS:

matter between brackets [omitted material] is material to be omitted.

THE PEOPLE OF THE STATE OF NEVADA, REPRESENTED IN SENATE AND ASSEMBLY, DO ENACT AS FOLLOWS:

- 80th Session (2019) – 2 – (a) A list of the names of the persons, whether or not designated officers, who are responsible for overseeing the operation of the charitable organization;

and (2)charitable Aorganization descriptionin ofthe howform allof moneyadditional receivedfees bywas theexpended, including, without limitation, how that money was expended by theed,the charitable organization, or any recipient or awardee of that money from the charitable organization;

- *AB467* – 3 – 4.

or (b) From special license plates which are no longer in production.

special license plates which are no longer in 5.

- 80th Session (2019) – 3 – (a) A copy of each balance sheet and bank statement that it receives from a charitable organization pursuant to subsection 1;

(a) Evidence regarding the inadequacy or inaccuracy of any forms or records filed by the charitable organization with the CommissionCom(b) orEvidence regarding any improper practices of financial administration on the Department;part of the charitable organization;

(b) Evidence regarding any improper practices of financial administration on the part of the charitable organization;

and - *AB467* – 4 – (d) Any other evidence or information that the Legislative Auditor determines to be relevant to the propriety of the financial administration and recordkeeping of the charitable organization, including, without limitation, the disposition of any additional fees received by the charitable organization.

H~~~~~ 19 - *AB467*80th Session (2019)