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HI SB1048

HI SB1048
Relating To Solicitation Of Funds From The Public.


summary

Introduced
01/17/2025
In Committee
04/25/2025
Crossed Over
03/04/2025
Passed
05/29/2025
Dead
Signed/Enacted/Adopted
05/29/2025

Introduced Session

2025 Regular Session

Bill Summary

Amends Act 205, SLH 2024, to clarify standards and safeguards in online crowdfunding, including creating separate registration, reporting, and fee requirements that are specific to platform charities and charitable fundraising platforms. Extends the effective date of Act 205 to July 1, 2026. (CD1)

AI Summary

This bill amends Hawaii's existing laws regarding charitable fundraising platforms, platform charities, and online crowdfunding to clarify standards and safeguards while reducing potential regulatory burdens. Specifically, the bill modifies registration, reporting, and operational requirements for charitable fundraising platforms, making them more streamlined and practical. Key provisions include requiring charitable fundraising platforms to register with the department, obtain written consent from recipient charitable organizations before using their names, provide clear disclosures to donors about donation details (such as fees, tax deductibility, and potential reasons donations might not reach intended recipients), and maintain separate accounts for donations. The bill also extends the effective date of the original Act 205 from January 1, 2026, to July 1, 2026, giving organizations more time to adapt to the new regulatory framework. The legislation aims to protect donors and ensure transparency while avoiding overly burdensome regulations that could inhibit charitable fundraising efforts, particularly during emergencies or urgent community needs. Importantly, the bill preserves core protections for donors and charitable organizations while creating a more flexible and user-friendly regulatory environment for online fundraising platforms.

Committee Categories

Budget and Finance, Business and Industry, Justice

Sponsors (6)

Last Action

Act 108, on 05/29/2025 (Gov. Msg. No. 1208). (on 05/29/2025)

bill text


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bill summary

Document Type Source Location
State Bill Page https://www.capitol.hawaii.gov/session/measure_indiv.aspx?billtype=SB&billnumber=1048&year=2025
SB1048_HD1_TESTIMONY_FIN_03-31-25_ https://www.capitol.hawaii.gov/sessions//session2025/Testimony/SB1048_HD1_TESTIMONY_FIN_03-31-25_.PDF
SB1048_SD1_TESTIMONY_JDC_02-19-25_ https://www.capitol.hawaii.gov/sessions//session2025/Testimony/SB1048_SD1_TESTIMONY_JDC_02-19-25_.PDF
BillText https://www.capitol.hawaii.gov/sessions/session2025/bills/SB1048_CD1_.HTM
Committee Report SB1048_CD1_CCR161_ https://www.capitol.hawaii.gov/sessions/session2025/CommReports/SB1048_CD1_CCR161_.pdf
BillText https://www.capitol.hawaii.gov/sessions/session2025/bills/SB1048_HD2_.HTM
Committee Report SB1048_HD2_HSCR1972_ https://www.capitol.hawaii.gov/sessions/session2025/CommReports/SB1048_HD2_HSCR1972_.pdf
SB1048_HD1_TESTIMONY_FIN_03-31-25_ https://www.capitol.hawaii.gov/sessions/session2025/Testimony/SB1048_HD1_TESTIMONY_FIN_03-31-25_.PDF
BillText https://www.capitol.hawaii.gov/sessions/session2025/bills/SB1048_HD1_.HTM
Committee Report SB1048_HD1_HSCR1471_ https://www.capitol.hawaii.gov/sessions/session2025/CommReports/SB1048_HD1_HSCR1471_.pdf
SB1048_SD2_TESTIMONY_CPC_03-18-25_ https://www.capitol.hawaii.gov/sessions/session2025/Testimony/SB1048_SD2_TESTIMONY_CPC_03-18-25_.PDF
BillText https://www.capitol.hawaii.gov/sessions/session2025/bills/SB1048_SD2_.HTM
Committee Report SB1048_SD2_SSCR735_ https://www.capitol.hawaii.gov/sessions/session2025/CommReports/SB1048_SD2_SSCR735_.pdf
SB1048_SD1_TESTIMONY_JDC_02-19-25_ https://www.capitol.hawaii.gov/sessions/session2025/Testimony/SB1048_SD1_TESTIMONY_JDC_02-19-25_.PDF
BillText https://www.capitol.hawaii.gov/sessions/session2025/bills/SB1048_SD1_.HTM
Committee Report SB1048_SD1_SSCR493_ https://www.capitol.hawaii.gov/sessions/session2025/CommReports/SB1048_SD1_SSCR493_.pdf
SB1048_TESTIMONY_CPN_02-10-25_ https://www.capitol.hawaii.gov/sessions/session2025/Testimony/SB1048_TESTIMONY_CPN_02-10-25_.PDF
BillText https://www.capitol.hawaii.gov/sessions/session2025/bills/SB1048_.HTM
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