SC H4396

Raises the registration exemption threshold for charitable organizations from $7,500 to $10,000 in gross revenue per fiscal year, and increases the threshold for charities with IRS tax-exempt status from $20,000 to $25,000

Requires any entity soliciting charitable contributions to disclose the legal name and purpose of the charitable organization at the initial time of solicitation

Limits registration requirements for commercial co-venturers to only those intending to solicit, collect, or receive more than $10,000 during a single solicitation campaign

Prohibits commercial co-venturers from using their registration with the Secretary of State as an implied endorsement or approval by the state

Changes measurement period for exemption thresholds from calendar year to fiscal year and clarifies that the threshold applies to all gross revenue solicited, collected, earned, or received