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 solicit contributions for specific individuals, provided that the funds are turned over to the named beneficiary after deducting reasonable solicitation expenses and that all fundraising is conducted by unpaid individuals. Additionally, organizations that do not intend to solicit more than $25,000 in a year, those that limit solicitation to their members, and various other specified entities, such as educational institutions and veterans' organizations, are also exempt from these requirements.

Furthermore, the bill introduces new provisions that clarify the definitions and conditions under which certain organizations operate. For instance, it mandates that nonprofit service organizations that occasionally solicit funds for charitable purposes must ensure that all solicited funds are used for those purposes and requires them to file specific financial forms with the attorney general. The bill also adds a new exemption for nonprofit corporations primarily engaged in the collection and distribution of donated food items, thereby expanding the scope of organizations that are not subject to the registration and reporting requirements of the act.

Statutes affected:
House Introduced Bill: 400.283