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CT HB05222
Bill
Status
5/3/2022
Primary Sponsor
General Law Committee
Click for details
AI Summary
HB 5222 Summary
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Paid solicitors must register with the Department of Consumer Protection for $500 annually and maintain a $20,000 bond.
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Paid solicitors must file solicitation notices one business day (reduced from twenty days) before campaigns and disclose their name and paid solicitor status to donors at point of solicitation.
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Paid solicitors must file financial reports within 90 days of campaign completion showing gross revenue and itemized expenses, certified by both solicitor and charitable organization officials.
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Charitable organizations must annually register with the department, pay a $50 application fee, and submit financial reports and audited statements (audit required for organizations with $500,000+ gross revenue).
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Charitable organizations must disclose their registration number when soliciting and display it conspicuously on websites and advertisements.
Legislative Description
An Act Concerning Paid Solicitors Of Charitable Funds And Charitable Organization Transparency.
Last Action
Senate Calendar Number 564
5/4/2022