A bill to amend 1975 PA 169, entitled “Charitable organizations and solicitations act,” by amending section 3 (MCL 400.273), as amended by 2010 PA 377.
Mandates that charitable organizations in Michigan register with the attorney general prior to soliciting or receiving contributions, with certain exemptions. The registration must detail the organization's key personnel, purpose, fiscal year, solicitation methods, and financial statements, which vary based on the previous tax year's contributions. Importantly, the bill specifies that contribution thresholds for registration will be annually adjusted according to the cumulative change in the Consumer Price Index, as defined by the most comprehensive index from the Bureau of Labor Statistics. Contributions are broadly defined to include all forms of support reported on IRS forms specific to charitable organizations, excluding government agency grants. Additionally, the bill allows for the suspension of certain registration requirements, such as financial statements or tax returns, if the attorney general deems it in the public interest and notifies the organization in writing.
Co-sponsored by Sens.
Referred to the Committee on Regulatory Affairs
