The bill extends the deadline for Christian Action Center, Inc. to file required reports for the years 1992 through 2024 until December 31, 2024. This extension is contingent upon the corporation filing all overdue reports and paying the associated filing fees to the secretary of state. Additionally, the corporation must pay a sum determined by the attorney general as a compromise for penalties incurred due to their failure to file these reports on time. If these conditions are met, any forfeiture or revocation of the corporation's charter will be vacated, and the corporation will regain all privileges, benefits, and powers, as well as be subject to the same duties and liabilities as if the forfeiture or revocation had never occurred.

The bill does not include any specific insertions or deletions of legal language from current law. It simply provides a one-time extension and remedy for the Christian Action Center, Inc. to rectify its non-compliance with filing requirements. The act will become effective immediately upon passage.