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CA SCR138

Concurrent Resolution

Status

Passed

8/28/2014

Primary Sponsor

Lois Wolk

Click for details

Origin

Senate

2013-2014 Session

AI Summary

  • Declares October 1, 2014, as California Plan Your Giving Day to recognize and support gift planning awareness
  • Acknowledges that gift planning enables donors to identify assets for charitable donations and establish giving plans for future dates
  • Recognizes gift planning as a source of charitable endowments and long-term funding for nonprofits through estate planning and testamentary arrangements
  • Notes that gift planning provides tax benefits including estate tax savings and allows creation of charitable gift annuities with lifetime income
  • Affirms that gift planning helps charitable organizations build emergency funds and ensures their long-term viability

Legislative Description

California Plan Your Giving Day.

Last Action

Chaptered by Secretary of State. Res. Chapter 140, Statutes of 2014.

8/28/2014

Committee Referrals

Rules8/14/2014
Rules8/4/2014

Full Bill Text

No bill text available