SB2983 Summary

• Establishes regulatory framework for charitable fundraising platforms and platform charities under Hawaii Department of Attorney General oversight, effective January 1, 2026.

• Requires charitable fundraising platforms and platform charities to register annually with the department, file periodic reports on donations and fees, and maintain separate accounts for charitable funds.

• Mandates conspicuous disclosures to donors before completing donations, including: donation recipient, fees charged, maximum distribution timeframe, tax deductibility status, and circumstances where organizations may not receive funds.

• Requires written consent from recipient charitable organizations before their names are used in solicitations and prohibits soliciting for organizations not in good standing with the IRS or state.

• Establishes vicarious liability between platform charities and charitable fundraising platforms for misuse of funds, with requirements to promptly remit donations to recipient organizations with accounting of fees.