This bill amends the definition of "charitable organization" within the context of the county endowment fund, specifying that only organizations located in Iowa and described under section 501(c)(3) of the Internal Revenue Code are eligible for funding. The bill modifies Section 15E.311, subsection 4, paragraph a, to include the phrase "located in this state" and clarifies that these organizations must be exempt from taxation under section 501(a) of the Internal Revenue Code or established for a charitable purpose.

Additionally, the bill makes changes to Section 633.358 regarding affidavits presented by charitable organizations to obtain property or information. It removes the previous reference to the definition of charitable organization in section 15E.311 and instead incorporates a more detailed description of qualifying organizations, ensuring that the definition aligns with the new criteria established for the county endowment fund. Overall, the bill aims to streamline the eligibility criteria for charitable organizations receiving funds while maintaining broader access to property information through affidavits.

Statutes affected:
Introduced: 15E.311, 633.358