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AR HB1247

Bill

Official Source

Status

Passed

2/13/2019

Primary Sponsor

Mark Lowery

Click for details

Origin

House of Representatives

92nd General Assembly (2019 Regular)

AI Summary

  • Amends Arkansas Code § 4-28-403(a)(1)(A) regarding annual financial reporting requirements for charitable organizations.

  • Removes the fixed August 1 deadline and replaces it with a flexible 180-day reporting period measured from the end of each charitable organization's fiscal year.

  • Charitable organizations subject to the subchapter must continue filing annual financial reports with the Secretary of State using forms prescribed by that office.

  • Approved February 13, 2019.

Legislative Description

To Amend The Law Concerning Reporting And Record Requirements For Charitable Organizations.

Last Action

Notification that HB1247 is now Act 137

2/13/2019

Committee Referrals

Insurance & Commerce2/4/2019
Insurance and Commerce1/24/2019

Full Bill Text

No bill text available