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Bill > HB2170


KS HB2170

KS HB2170
Senate Substitute for HB 2170 by Committee on Federal and State Affairs - Creating the donor intent protection act to provide enforcement of donor-imposed restrictions on philanthropic gifts of endowment funds or to endowment funds.


summary

Introduced
01/25/2023
In Committee
03/24/2023
Crossed Over
03/03/2023
Passed
04/24/2023
Dead
Signed/Enacted/Adopted
04/24/2023

Introduced Session

2023-2024 Regular Session

Bill Summary

AN ACT concerning philanthropic gifts; relating to judicial enforcement of donor-imposed restrictions on gifts of endowment funds or to endowment funds; enacting the donor intent protection act.

AI Summary

This bill, known as the Donor Intent Protection Act, provides legal recourse for individual charitable donors when the recipient charitable organization does not follow the donor-imposed restrictions on an endowment fund that contains only the donor's gifted property. The bill defines key terms, such as "charitable organization," "donor," and "endowment agreement," and outlines the process for a donor to file a complaint if the organization violates the donor-imposed restrictions. The court can order various remedies, including future compliance, restitution, accounting, and modification or release of the restrictions. The bill also allows a charitable organization to seek a judicial declaration of rights and duties related to the endowment agreement.

Committee Categories

Government Affairs

Sponsors (0)

No sponsors listed

Other Sponsors (1)

Federal and State Affairs (House)

Last Action

House Approved by Governor on Wednesday, April 19, 2023 (on 04/24/2023)

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