REVISED
STATEMENT OF PURPOSE
RS27494 / H0431
The state of Idaho is home to charitable organizations that, collectively, hold billions of dollars in
charitable assets. Charitable organizations have a legal duty to use their charitable assets according to the
charitable purposes designated in their governing documents, and the donor's intent. While rare, misuse or
misappropriation of charitable assets occurs. When this happens, it harms the charitable purposes and the
donor's intent for which the assets were donated to the communities.
This legislation clarifies and defines the attorney general's duties to protect charitable assets from misuse
or misappropriation, ensures that donor intent is followed, and provides for necessary authority and tools
to protect Idaho's charitable assets. The legislation also provides a procedure for notifying the attorney
general before certain charitable organizations dissolve, convert to a non-charitable organization, terminate or
otherwise dispose of their charitable assets.
FISCAL NOTE
There will be no fiscal impact to the State general fund or any units of local government because these provisions
will be enforced under existing staffing at the Attorney General's office.
Contact:
Representative Caroline Nilsson Troy
(208) 332-1000
DISCLAIMER: This statement of purpose and fiscal note are a mere attachment to this bill and prepared by a proponent
of the bill. It is neither intended as an expression of legislative intent nor intended for any use outside of the legislative
process, including judicial review (Joint Rule 18).
Statement of Purpose / Fiscal Note Bill SOP/FN REVISED: 02/27/2020, 2:32 PM


Statutes affected:
Bill Text: 67-1401