The bill S. 715 aims to amend various sections of the South Carolina Code of Laws concerning the solicitation of charitable funds. Key changes include increasing the thresholds for charities to request exemptions from registration requirements, specifically raising the limit for gross revenue from $7,500 to $10,500 for certain organizations. Additionally, the bill modifies the requirements for professional solicitors and commercial co-venturers, stipulating that they must register with the Secretary of State if they intend to solicit more than $10,000 during a campaign. It also mandates that any entity soliciting for charitable organizations must disclose the legal name and purpose of the charity at the time of solicitation.

Furthermore, the bill introduces stricter regulations regarding the use of registration with the Secretary of State, prohibiting commercial co-venturers from implying that such registration constitutes state endorsement. It also requires that contracts with professional solicitors be in writing and filed with the Secretary of State prior to solicitation activities. The bill emphasizes transparency in fundraising by requiring joint financial reports and disclosures about compensation for professional solicitors. Overall, these amendments aim to enhance accountability and protect the interests of both charities and the public in South Carolina.

Statutes affected:
12/10/2025: 33-56-50, 33-56-70, 33-56-90, 33-56-110, 33-56-120
01/14/2026: 33-56-50, 33-56-70, 33-56-90, 33-56-110, 33-56-120
01/21/2026: 33-56-50, 33-56-70, 33-56-90, 33-56-110, 33-56-120
Latest Version: 33-56-50, 33-56-70, 33-56-90, 33-56-110, 33-56-120