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HI SB2669
Bill
Status
3/2/2010
Primary Sponsor
Colleen Hanabusa
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AI Summary
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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.
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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.
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Changes the annual report filing deadline to the fifteenth day of the fifth month following fiscal year close, replacing the previous "eight months" language.
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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.
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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