Bill > HB898

This bill authorizes the Attorney General to require professional solicitors, who are individuals or organizations hired to raise money for charities, to submit their financial reports electronically, making the reporting process more modern and efficient. It also introduces a late fee for professional solicitors who fail to file these financial reports on time, with an initial fine of $100 and an additional $20 per day, capped at $1,000, to encourage timely compliance. Furthermore, the bill clarifies and expands the list of charitable organizations that are exempt from registration and financial disclosure requirements, including certain religious organizations, parent-teacher associations, accredited educational institutions and their affiliated organizations, nonprofit hospitals, federally chartered corporations, government agencies, and smaller charities that do not use professional solicitors, ensuring that these entities can continue their work without undue administrative burdens.