SS/SB 333 - This act modifies provisions relating to nonprofit organizations.

Under the act, the board of directors of a rural electric cooperative shall have the power to set the time and place of the annual meeting and also to provide for voting by proxy, electronic means, by mail, or any combination thereof, and to prescribe the conditions under which such voting shall be exercised. The meeting requirement may be satisfied through virtual means.

This provision expires on August 28, 2022.

Further, under the act, the state shall not impose any annual filing or reporting requirements on a charitable organization that are more stringent, restrictive, or expansive than the report already required to be submitted to the Attorney General's office unless such filing or report is specifically required by federal law. This provision shall not apply to state grants or contracts, or investigations by the Attorney General of charitable organizations as set forth in state statute. Further, this provision shall not prohibit the Department of Labor and Industrial Relations or the State Board of Mediation from enforcing provisions of law relating to labor organizations.

This provision is similar to HB 245 (2021).

JAMIE ANDREWS

Statutes affected:
Introduced (1579S.02): 407.475
Perfected (1579S.03): 394.120, 407.475


Senate Committee Minutes:
SENATE COMMITTEE MINUTES Bill No.: SB 333
Sponsor: Burlison
Hearing Date: 2/9/2021


COMMITTEE: Small Business and Industry

CHAIRMAN: Burlison

DATE REFERRED: 2/4/2021 DATE HEARING REQUESTED:



STAFF:
Ryan Clearwater
Rob Krosley
Matthew Smith
Scott Svagera


WITNESSES GIVING INFORMATION:



WITNESSES FOR:
Brian Grace - The Philanthropy Roundtable


WITNESSES AGAINST: