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HI SB2669

Bill

Status

Engrossed

3/2/2010

Primary Sponsor

Colleen Hanabusa

Click for details

Origin

Senate

2010 Regular Session

AI Summary

  • Establishes substituted service of process procedures for charitable organizations, professional fundraising counsel, and professional solicitors that lack registered agents, allowing the Department of Commerce and Consumer Affairs to serve as agent for out-of-state entities.

  • Clarifies that charitable organizations filing IRS Form 990 or 990EZ may submit those forms as their annual financial report to the state, with extensions available matching IRS extension approvals.

  • Changes the annual report filing deadline to the fifteenth day of the fifth month following fiscal year close, replacing the previous "eight months" language.

  • Authorizes the Attorney General to accept assurances of discontinuance from persons violating charitable solicitation laws, with ability to recover reasonable investigation costs as part of such assurances.

  • Expands and clarifies registration exemptions to specify religious corporations exempt under specific IRS Code sections, parent-teacher associations, accredited educational institutions, and removes exemptions for governmental units while adding federal corporations required to report to Congress.

Legislative Description

Charitable Organizations; Solicitation of Funds from the Public

Last Action

(H) Referred to JUD/CPC, FIN, referral sheet 37

3/4/2010

Committee Referrals

Commerce and Consumer Protection1/27/2010

Full Bill Text

No bill text available