summary
Introduced
04/23/2025
04/23/2025
In Committee
04/23/2025
04/23/2025
Crossed Over
Passed
Dead
Introduced Session
126th General Assembly
Bill Summary
Amend The South Carolina Code Of Laws By Amending Section 33-56-50, Relating To Organizations Exempt From Registration Provisions, So As To Increase Thresholds For Charities Requesting Exemptions; By Amending Section 33-56-70, Relating To Contracts With Professional Solicitors, So As To Limit Filing Requirements To Commercial Co-venturers, Under Certain Conditions; By Amending Section 33-56-90, Relating To Required Disclosures, So As To Require Any Entity That Is Soliciting For Charitable Organizations To Disclose The Legal Name And Purpose Of The Charity For Which They Are Soliciting; By Amending Section 33-56-110, Relating To Registration Of Professional Solicitors, Fund-raising Counsels, Or Commercial Co-venturers, So As To Limit Registration Requirements For Commercial Co-venturers Soliciting More Than Ten Thousand Dollars In A Single Solicitation Campaign; And By Amending Section 33-56-120, Relating To Misrepresentations, So As To Prohibit Commercial Co-venturers From Using Registration With The Secretary Of State As An Endorsement By The State.
AI Summary
This bill amends South Carolina's laws regarding charitable fundraising registration to increase thresholds and modify filing requirements for charitable organizations and solicitors. Specifically, the bill raises the annual gross revenue threshold for charitable organizations to be exempt from registration from $25,000 to $10,500, and introduces a new registration requirement for commercial co-venturers (businesses that collaborate with charities for fundraising) who collect more than $10,000 in a single solicitation campaign. The bill also mandates that any entity soliciting charitable funds must disclose the legal name and purpose of the charity they are representing at the initial point of solicitation. Additionally, the bill limits filing requirements for commercial co-venturers and prohibits any organization from using their registration with the Secretary of State as an implied endorsement or approval by the state. The changes aim to streamline registration processes while maintaining transparency in charitable fundraising activities, ensuring that potential donors have access to key information about the organizations seeking their contributions. The bill will take effect upon approval by the Governor.
Committee Categories
Justice
Sponsors (2)
Last Action
Referred to Committee on Judiciary (on 04/23/2025)
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://www.scstatehouse.gov/billsearch.php?billnumbers=4396&session=126&summary=B |
| BillText | https://www.scstatehouse.gov/sess126_2025-2026/prever/4396_20250423.htm |
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