summary
Introduced
01/22/2019
01/22/2019
In Committee
01/22/2019
01/22/2019
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
191st General Court
Bill Summary
Relative to annual reports of public charities. Consumer Protection and Professional Licensure.
AI Summary
This bill amends Section 8F of Chapter 12 of the Massachusetts General Laws to increase the revenue threshold for public charities required to file an audited financial statement from $200,000 to $500,000. The bill also limits the requirement for a reviewed financial statement to public charities with revenue between $500,000 and $3,000,000, and requires public charities with revenue over $3,000,000 to submit an audited financial statement.
Committee Categories
Labor and Employment
Sponsors (1)
Last Action
Accompanied a study order, see H5043 (on 10/26/2020)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/191/H354 |
| Bill | https://malegislature.gov/Bills/191/H354.pdf |
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