OK SB372

Amends 18 O.S. 2011, Section 552.3 regarding registration requirements for charitable organizations soliciting contributions in Oklahoma

Modifies information requirements for Form 990 filing: newly formed charitable organizations must provide evidence of IRS tax exemption or proof of not-for-profit status instead of filing prior year Form 990 returns

Maintains annual registration fees of $65.00 for most organizations and $15.00 for organizations with contributions under $10,000, with funds distributed to General Revenue Fund, Attorney General Charitable Solicitations Enforcement Revolving Fund, and Secretary of State Charitable Solicitations Revolving Fund

Requires charitable organizations to provide detailed information including legal names, addresses, officer and executive employee names, professional fundraiser details, solicitation methods, and financial data including Program Service Expenses, Management and General Expenses, and Fundraising Expenses

Becomes effective November 1, 2013