First Regular Session S.B. 1304
PROPOSED
SENATE AMENDMENTS TO S.B. 1304
(Reference to the proposed Ugenti-Rita s/e amendment dated 2/15/21: 1:50 p.m.)
Page 24, line 16, before "the" insert "A."
Between lines 21 and 22, insert:
"B. The corporate organization described in subsection A of this section must meet all of the following:
1. Be a nonprofit organization that is qualified under section 501(c)(6) of the United States internal revenue code for federal income tax purposes.
2. Be a trade association that is organized to promote business.
3. Promote a common business purpose and contribute to improving business conditions.
4. Be a membership organization whose focus is to advance a common business interest such as a business league or industry trade association.
5. Allow for a wide range of lobbying and disclose to its membership the percentage of annual dues it uses for lobbying."
Amend title to conform