Legislation - SB0354

Title: Business Regulation - Charitable Organizations - Audit and Review Thresholds
Sponsored by: Senators Kagan and Waldstreicher
Status: In the Senate - First Reading Judicial Proceedings
Analysis

Synopsis

Increasing the minimum gross income amounts from charitable contributions at which a charitable organization must include a certain audit or a certain review with a registration statement; increasing the amount of cash receipts from charitable contributions the Secretary of State may accept an affidavit attesting to under certain circumstances; increasing the maximum amount of gross income of a charitable organization at which the Secretary of State may require an audit or review from $750,000 to $1,000,000; etc.

Committees

Original:: Judicial Proceedings

Details

Cross-filed with: HB0483

Bill File Type: Regular

Effective Date(s): July 1, 2026

History

Legislation History
Chamber Senate Calendar Date 1/23/2026 Legislative Date 1/23/2026 Action First Reading Judicial Proceedings Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Business Regulation - Charitable Organizations - Audit and Review Thresholds Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	1/23/2026	1/23/2026	First Reading Judicial Proceedings
			Text - First - Business Regulation - Charitable Organizations - Audit and Review Thresholds

File Code

Subjects

Statutes