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MS HB5
Bill
Status
2/4/2025
Primary Sponsor
Rickey Thompson
Click for details
AI Summary
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Extends registration renewal period for professional fund-raisers and fund-raising counsel from annually to every 3 to 5 years, as determined by the Secretary of State.
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Changes charitable organization registration renewal from annually to every 3 to 5 years, as determined by the Secretary of State.
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Extends registration renewal period for professional solicitors employed by professional fund-raisers from annually to every 3 to 5 years, as determined by the Secretary of State.
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Modifies financial reporting requirements for charitable organizations to align with the new 3 to 5 year registration cycle instead of annual reporting.
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Takes effect July 1, 2025.
Legislative Description
Charitable organizations; revise the registration renewal period of certain from every year to every 3 to 5 years.
Last Action
Died In Committee
2/4/2025