BILL NUMBER: SB 1526	INTRODUCED
	BILL TEXT


INTRODUCED BY   Senator La Malfa

                        FEBRUARY 24, 2012

   An act to add to Section 12585.5 to the Government Code, relating
to charitable organizations.


	LEGISLATIVE COUNSEL'S DIGEST


   SB 1526, as introduced, La Malfa. Charitable organizations:
reporting.
   Under existing law, the Supervision of Trustees and Fundraisers
for Charitable Purposes Act governs charitable corporations,
trustees, commercial fundraisers, fundraising counsel, and commercial
coventurers who hold or solicit property for charitable purposes
over which the Attorney General has enforcement and supervisory
powers. Existing law requires entities subject to the act to comply
with various filing and reporting requirements.
   Administrative regulations implementing these revisions require
that entities subject to the act file a specified form if the gross
revenue and assets are under $25,000, as specified.
   This bill would, by statute, modify the reference to an entity's
gross revenue and assets to reflect a limitation of $50,000. The bill
would require the Attorney general to adopt and conform rules and
regulations to ensure compliance with this act.
   Vote: majority. Appropriation: no. Fiscal committee: yes.
State-mandated local program: no.


THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS:

  SECTION 1.  Section 12585.5 is added to the Government Code, to
read:
   12585.5.  (a) For purposes of Section 307 of Title 10 of the
California Administrative Code, any reference to the total gross
revenue or assets of a charitable corporation, unincorporated
association, or trust being under or over twenty-five thousand
dollars ($25,000), shall instead refer to the amount of fifty
thousand dollars ($50,000).
   (b) The Attorney General shall adopt and conform rules and
regulations to ensure compliance with this section.