House Bill 695 Summary

• Increases the income exemption threshold for charitable solicitation licensing from $25,000 to $50,000 in annual contributions, allowing organizations below this amount to remain exempt if they do not provide compensation to officers, trustees, fundraisers, or solicitors.

• Allows charitable organizations to demonstrate their exemption status by submitting IRS Form 990/990-EZ, confirmation of Form 990-N submission, board-approved budgets with projected revenue and expenses, or other evidence satisfactory to the Department.

• Modifies license renewal deadlines by clarifying that renewal applications are considered filed based on postmark date or electronic submission time under G.S. 66-325, and extends the Department's authority to grant extensions up to 60 days beyond the deadline.

• Removes the requirement that applications for licensure, fund-raising consultant licenses, solicitor licenses, and financial reports be notarized, replacing "signed under oath" language with "signed" language.

• Section 1 (exemption threshold increase) is effective upon enactment; Section 2 (renewal deadlines) becomes effective October 1, 2021; remaining provisions are effective upon enactment.