SB 2169 Summary

• Changes charitable organization registration validity period from September through February first of the subsequent year to valid until February first of the following year.

• Modifies professional fundraiser registration expiration date from September first to February first, requiring renewal by filing a new registration statement with a $100 fee before February second.

• Shifts charitable organization annual report filing deadline from September first to February second of each year, with a $10 filing fee and postmark requirement.

• Clarifies language throughout regarding notice procedures and corrects pronouns to reference "the charitable organization" instead of "its" in registration and enforcement provisions.

• Maintains existing bond requirements for professional fundraisers at a minimum of $20,000 and preserves financial reporting standards using generally accepted accounting principles.