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Bill > HB05222
CT HB05222
CT HB05222An Act Concerning Paid Solicitors Of Charitable Funds And Charitable Organization Transparency.
summary
Introduced
02/24/2022
02/24/2022
In Committee
05/04/2022
05/04/2022
Crossed Over
05/03/2022
05/03/2022
Passed
Dead
05/04/2022
05/04/2022
Introduced Session
Potential new amendment
2022 General Assembly
Bill Summary
To: (1) Shorten from twenty days prior to commencement of a solicitation campaign to one business day prior to commencement of the campaign the deadline by which a paid solicitor must file with the Department of Consumer Protection the contract between such solicitor and the charitable organization; (2) eliminate provisions requiring (A) that copies of campaign solicitation literature be submitted to the department, (B) the Commissioner of Consumer Protection to publicize charitable solicitation campaigns, and (C) the paid solicitor to disclose, at the point of solicitation, the percentage of gross revenue that the charitable organization will receive as a result of the solicitation campaign; (3) provide that a paid solicitor shall maintain, for each solicitation campaign, records containing the name and address of each contributor, if known to the solicitor, and make records containing the date and amount of each contribution, name and residence of each employee, agent or other person involved in such campaign and all income received, and expenses incurred, in the course of such campaign available to the Department of Consumer Protection for inspection upon request; and (4) require a charitable organization to (A) disclose its registration number and certain financial information when soliciting funds, and (B) display its registration number on any printed advertisement.
AI Summary
This bill:
1. Shortens the deadline for a paid solicitor to file the contract between the solicitor and the charitable organization from 20 days prior to the start of the solicitation campaign to one business day prior.
2. Eliminates requirements for paid solicitors to submit copies of campaign solicitation literature to the Department of Consumer Protection and for the Commissioner to publicize charitable solicitation campaigns. It also eliminates the requirement for paid solicitors to disclose the percentage of gross revenue the charitable organization will receive at the point of solicitation.
3. Requires paid solicitors to maintain records of contributors, employees/agents involved, and income and expenses for each solicitation campaign, and make those records available to the Department of Consumer Protection for inspection upon request.
4. Requires charitable organizations to disclose their registration number and certain financial information when soliciting funds, and display their registration number on printed advertisements and their website.
5. Adjusts the auditing requirements for charitable organizations based on their gross revenue, requiring audits for organizations with at least $1 million in gross revenue.
Committee Categories
Justice
Sponsors (2)
Other Sponsors (1)
General Law Committee (Joint)
Last Action
Senate Calendar Number 564 (on 05/04/2022)
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