2004 Senate Bill 1115 ↩
Senate Roll Call 499:
Passed
To replace existing charity licensure requirements with a requirement that charitable organizations which annually raise or spend $25,000 or more to register with the state; require that they make certain disclosures regarding directors, officers, and employees; update other regulations on their disclosures, operations and solicitations; and increase penalties for certain prohibited practices to include a five-year misdemeanor or $10,000 civil fine. Fundraising by school booster groups, parent-teacher organizations, public schools, nonpublic schools, preschools, and institutions of higher education would be exempt from the registration and reporting requirements.