The bill amends the Charitable Organizations and Solicitations Act by updating the registration and reporting requirements for certain charitable organizations. It specifies that these requirements do not apply to individuals or organizations that meet specific criteria, such as soliciting contributions for named beneficiaries, not exceeding $25,000 in contributions within a 12-month period, or confining solicitation activities to members and their immediate families. Additionally, the bill clarifies the definition of "immediate family" and includes provisions for educational institutions, veterans' organizations, and nonprofit service organizations that solicit funds for charitable purposes.
New provisions added to the law include exemptions for nonprofit corporations engaged in food donation activities and those registered under the public safety solicitation act. The bill also modifies existing language regarding the filing of financial statements and the use of solicited funds, ensuring that they are used solely for the intended charitable purposes. Overall, the amendments aim to streamline the regulatory framework for charitable organizations while maintaining transparency and accountability in fundraising activities.
Statutes affected: House Introduced Bill: 400.283