SB 941 - HB 1337
FISCAL NOTE
Fiscal Review Committee
Tennessee General Assembly
February 14, 2025
Fiscal Analyst: Christine Drescher | Email: christine.drescher@capitol.tn.gov | Phone: 615-741-2564
SB 941 - HB 1337
SUMMARY OF BILL: Authorizes nonprofit organizations to submit an annual charitable
gaming event application to the Secretary of State (SOS) within five calendar days after this
legislation becomes law for events being held from the period beginning July 1, 2025 and ending
June 30, 2026. Requires the omnibus listing of any approved organizations for the period beginning
July 1, 2025 to June 30, 2026 to be transferred to the Clerk of the Senate and the Clerk of the House
of Representatives within 10 calendar days after this proposed legislation becomes law. Deletes
obsolete language from statutes.
FISCAL IMPACT:
STATE GOVERNMENT
REVENUE Division of Charitable Solicitations and Gaming
FY24-25 $300
Assumptions:
• Pursuant to Tenn. Code Ann. § 3-17-104(c)(1) and (2), nonprofit organizations must submit
a nonrefundable $50 fee upon filing a charitable gaming event application. In addition, a
fee, not to exceed $700, is established based on the gross revenue of the annual event. All
such fees are distributed to the Division of Charitable Solicitations and Gaming.
• Pursuant to Tenn. Code Ann. § 3-17-104(c)(4), the nonrefundable $50 fee required with an
application is currently set at $10, through January 31, 2025, at which point it will revert
back to $50. Additionally, the fee that is based on gross revenue of the annual event is
currently set at $10 through June 30, 2025, pursuant to Tenn. Code Ann. § 3-17-104(c)(5).
• It is estimated that five new entities will apply to hold a charitable gaming event within the
five calendar days after the proposed legislation becomes law.
• Therefore, assuming all applications get approved, the proposed legislation will result in a
one-time increase in state revenue of $300 [(5 x $50) + (5 x $10)] in FY24-25 to the
Division of Charitable Solutions and Gaming.
SB 941 - HB 1337 2
IMPACT TO COMMERCE:
BUSINESS IMPACT
FISCAL YEAR EXPENSES
FY24-25 $300
OTHER COMMERCE IMPACT
Businesses will be able to raise funds through charitable gaming events; however, the extent of
funds raised cannot be reasonably estimated.
Assumptions:
• The proposed legislation will result in an estimated five businesses submitting an initial
application fee of $50 and a nonrefundable fee of $10, which will result in an increase in
business expenses of $300 [(5 x $10) + (5 x $50)] in FY24-25.
• Although the proposed legislation will allow businesses to be able to raise funds through
charitable gaming events, the amount of funds raised and specific timing of such events
cannot be reasonably estimated.
CERTIFICATION:
The information contained herein is true and correct to the best of my knowledge.
Bojan Savic, Executive Director