HB 1475
Charitable Giving
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Bill overview
Charitable Giving; Prohibits charitable organization that accepts contribution pursuant to written donor-imposed restriction from violating terms of that restriction without potential penalty; authorizes donor, or donor's legal representative, to file complaint within specified timeframe if charitable organization violates donor-imposed restriction contained in endowment agreement; specifies venue where complaint may be filed; provides that complaint may be filed regardless of whether endowment agreement expressly reserves right to sue or enforce agreement; prohibits donor or donor representative from seeking judgment awarding damages; requires charitable organization to notify donor, or donor's legal representative, if it cannot fulfill term in endowment agreement & offer donor, or donor's legal representative, alternative solution that closely matches initial term in such endowment agreement; etc.
Sponsors
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Primary sponsor
Boyles
Cosponsor
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