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MS HB367
Bill
Status
1/31/2023
Primary Sponsor
Rickey Thompson
Click for details
AI Summary
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Extends registration period for professional fund-raisers and fund-raising counsel from one year to three to five years, as determined by the Secretary of State.
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Changes charitable organization renewal period from annual to every three to five years, as determined by the Secretary of State.
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Extends registration period for professional solicitors employed by professional fund-raisers from one year to three to five years, as determined by the Secretary of State.
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Modifies financial reporting requirements to align with the new three to five year registration cycle for organizations receiving contributions.
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Effective date: July 1, 2023.
Legislative Description
Charitable organizations; revise the registration renewal period of certain from every year to every 3 to 5 years, as determined by the SOS.
Last Action
Died In Committee
1/31/2023