HB1290 (2010) Detail

Relative to unincorporated religious societies.


HB 1290 – AS INTRODUCED

2010 SESSION

10-2048

03/09

HOUSE BILL 1290

AN ACT relative to unincorporated religious societies.

SPONSORS: Rep. Itse, Rock 9; Rep. Ingbretson, Graf 5

COMMITTEE: Judiciary

ANALYSIS

This bill increases the limit on annual income that an unincorporated religious society may receive from donations, gifts, or grants.

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Explanation: Matter added to current law appears in bold italics.

Matter removed from current law appears [in brackets and struckthrough.]

Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

10-2048

03/09

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Ten

AN ACT relative to unincorporated religious societies.

Be it Enacted by the Senate and House of Representatives in General Court convened:

1 Religious Societies; Donations. Amend RSA 306:3 to read as follows:

306:3 Powers as to Donation. If a donation, gift, or grant is made to any unincorporated religious society, such society shall be a corporation so far as may be necessary to take, hold, manage, and use the donation, gift, or grant; but the income of the donations, gifts, or grants to any such unincorporated religious society shall not exceed the sum of [$5,000] $500,000 a year.

2 Effective Date. This act shall take effect 60 days after its passage.