summary
Introduced
01/13/2026
01/13/2026
In Committee
03/05/2026
03/05/2026
Crossed Over
03/04/2026
03/04/2026
Passed
04/30/2026
04/30/2026
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 Between Professional Solicitors And Charitable Organizations, So As To Limit Filing Requirements To Commercial Co-venturers Under Certain Conditions; By Amending Section 33-56-90, Relating To Disclosures To Solicited Parties, So As To Require Any Entity That Solicits 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 The Registration Of Professional Solicitors, Fundraising Counsel, 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 To Require Reporting To The Secretary Of State If The Contributions Collected By A Co-venturer Exceed That Limit; And By Amending Section 33-56-120, Relating To Prohibited Misrepresentations, So As To Prohibit Commercial Co-venturers From Using Registration With The Secretary Of State As An Endorsement By The State. - Ratified Title
AI Summary
This bill makes several changes to South Carolina's laws regarding charitable solicitations, aiming to clarify registration requirements and enhance transparency. It increases the revenue threshold for certain charities to be exempt from registration with the Secretary of State, meaning smaller charities will need to register if they raise more than $7,500 annually, up from $500. The bill also modifies rules for "commercial co-venturers," which are businesses that partner with charities for fundraising. Previously, these businesses had to register if they solicited any amount. Now, they only need to register if they collect, earn, or receive more than $10,000 in a single campaign, but if they exceed that amount, they must report to the Secretary of State. Additionally, any entity soliciting for a charity must now disclose the charity's legal name and purpose, and commercial co-venturers are prohibited from implying that their registration with the state is an endorsement. The bill also streamlines some filing requirements for contracts between charities and professional fundraisers, particularly for commercial co-venturers under certain conditions.
Committee Categories
Business and Industry
Sponsors (4)
Last Action
Ratified R 149 (on 05/14/2026)
Official Document
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