BILL ANALYSIS                                                                                                                                                                                                    



                                                                  SCR 81
                                                                  Page  1

          Date of Hearing:   May 28, 2010

                             ASSEMBLY COMMITTEE ON RULES
                                Nancy Skinner, Chair
                  SCR 81 (Wolk) - As Introduced:  February 24, 2010

           SENATE VOTE :   30-0
           
          SUBJECT  :   California Plan Your Giving Day.

           SUMMARY  :   Recognizes and supports the importance of gift  
          planning by declaring October 1, 2010, as California Plan Your  
          Giving Day.  Specifically,  this resolution  makes the following  
          legislative findings:

          1)Gift planning proves to be gratifying for donors who designate  
            their giving to organizations that share values similar to the  
            donor; and, it provides the public with the option of  
            reallocating assets that are otherwise subject to taxation, to  
            social capital, thereby controlling the use and purpose of a  
            person's charitable giving. 

          2)Gift planning enables donors who are currently unable or  
            reluctant to make a gift to establish a plan to make a gift of  
            their assets at a later date; and, it opens up options that  
            include identifying assets for donation that may otherwise be  
            unavailable to charities.

          3)Gift planning has a major impact on the future viability of  
            charitable organizations that are highly dependent on the  
            philanthropic spirit of its donors and helps charities build  
            "rainy day" funds that are then available to assist in  
            unexpected emergencies, such as the relief efforts in Haiti.

           FISCAL EFFECT  :   None

           REGISTERED SUPPORT / OPPOSITION  :

           Support 
           
          None on file.
           
            Opposition 
           
          None on file.








                                                                  SCR 81
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           Analysis Prepared by  :    Anna McCabe / RLS. / (916) 319-2800