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CA AB2208
Bill
Status
6/10/2020
Primary Sponsor
Jacqui Irwin
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AI Summary
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Establishes charitable fundraising platforms and platform charities as trustees subject to Attorney General supervision, requiring registration with the Registry of Charitable Trusts before soliciting donations.
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Requires charitable fundraising platforms to file annual reports with the Attorney General and maintain donations in separate bank accounts, promptly distributing funds to recipient charitable organizations with accounting of fees.
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Mandates conspicuous disclosures to donors before completing donations, including statements about where funds are sent, circumstances affecting delivery, maximum timeframe for distribution, applicable fees, and tax deductibility.
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Requires written consent from recipient charitable organizations before using their names in solicitations, with exceptions if platform lists only basic organizational information, discloses lack of consent, charges no deduction fees, and allows removal within three business days upon request.
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Authorizes the Attorney General to establish rules and regulations for registration forms, annual reports, written agreements, and fund distribution requirements, and assess registration and renewal fees deposited in the Registry of Charitable Trusts Fund.
Legislative Description
Charitable organizations: charitable fundraising platforms and platform charities.
Last Action
In committee: Held under submission.
8/20/2020