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IL HB0925
Bill
Status
7/31/2023
Primary Sponsor
Stephanie Kifowit
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AI Summary
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Creates the Veteran Service Organizations State Charter Act, establishing a formal process for veteran service organizations to obtain state charter status through the Attorney General's office
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Requires qualifying organizations to be formed by and for veterans with a majority-veteran board, or have at least 15 paid members and be associated with a congressionally chartered organization
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Organizations must possess IRS tax-exempt status under Section 501(c)(3) or 501(c)(19), maintain good standing with the Secretary of State as a registered not-for-profit, and comply with the Charitable Trust Act
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State charter status is valid for 3 years, with organizations required to reapply at least 120 days before expiration; the Attorney General may revoke status if requirements are no longer met
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Falsely claiming state charter status constitutes a violation of the Military Veterans Assistance Act, with civil penalties up to $5,000 per violation
Legislative Description
MILITARY SERVICE-TECH
Last Action
Public Act . . . . . . . . . 103-0405
7/31/2023