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IN HB1390
Bill
Status
1/18/2011
Primary Sponsor
Bruce Borders
Click for details
AI Summary
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Requires paid professional solicitors and charitable organization officers/employees to disclose to potential donors the estimated percentage of contributions that will actually go to charitable purposes after administrative and solicitation costs
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Exempts charitable organizations receiving less than $250,000 in annual contributions, religious organizations (churches, synagogues, mosques), and volunteers from the disclosure requirements
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Mandates that disclosures be made in writing for in-person or written solicitations, and orally for telephone solicitations, with written confirmation required within 10 days of receiving a contribution
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Authorizes the Indiana Attorney General's consumer protection division to investigate complaints, subpoena records, and bring actions to enjoin violations of disclosure requirements
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Allows courts to impose civil penalties up to $500 per violation and order violators to pay the state's investigation and prosecution costs, with a good faith defense available
Legislative Description
Disclosure of charity administration expenses.
Last Action
First reading: referred to Committee on Commerce, Small Business and Economic Development
1/18/2011