View Amendment Current Amendment: 1a to Bill 3295 Rep. HARRISON proposes the following Amendment No. 1a to H. 3295 (COUNCIL\NBD\11707DG11):

Reference is to Printer's Date 5/19/11-S.

Amend the bill, as and if amended, SECTION 1, by striking Section 61-6-20(3) in its entirety and inserting:

/            (3)      'Homeowners association chartered as a nonprofit by the Secretary of State' means an organization that has been recognized as a nonprofit by the Secretary of State, whose membership is limited to individuals who own property in the residential community, and whose affairs are governed by a board of directors elected by the membership. No member, officer, agent, or employee of the association may be paid a salary or other form of compensation from any of the profit of the sale of alcoholic beverages, except as may be voted on at a meeting of the governing body, nor shall the salaries or compensation be in excess of reasonable compensation for the services actually performed. Additionally, a 'homeowners association chartered as a nonprofit by the Secretary of State' must abide by all alcoholic liquor regulations that apply to a nonprofit organization, as defined by Section 61-6-20(7), except that upon dissolution of the 'homeowners association chartered as a nonprofit by the Secretary of State', the remaining assets, if any, may be distributed to its members. A 'homeowners association chartered as a nonprofit by the Secretary of State' is eligible to be licensed under this chapter only at facilities located within the boundaries of the homeowners association.      /

Renumber sections to conform.
Amend title to conform.