CALIFORNIA LEGISLATURE 20212022 REGULAR SESSION Assembly Bill No. 1353Introduced by Assembly Member WicksFebruary 19, 2021 An act relating to charitable organizations. LEGISLATIVE COUNSEL'S DIGESTAB 1353, as introduced, Wicks. Donor-advised funds.Existing law, the Supervision of Trustees and Fundraisers for Charitable Purposes Act, governs charitable corporations, unincorporated associations, trustees, commercial fundraisers, fundraising counsel, commercial coventurers, and other legal entities holding or soliciting property for charitable purposes over which the state or the Attorney General has enforcement and supervisory powers. Under the act, any person who violates any of the acts provisions with intent to deceive or defraud any charity or individual is liable for a specified civil penalty. The act also authorizes the Attorney General to impose other specified civil penalties for related acts and omissions.This bill would express the intent of the Legislature to enact legislation that would relate to donor-advised funds for the purpose of improving accountability of charitable giving.Digest Key Vote: MAJORITY Appropriation: NO Fiscal Committee: NO Local Program: NO Bill TextThe people of the State of California do enact as follows:SECTION 1. It is the intent of the Legislature to enact legislation that would relate to donor-advised funds for the purpose of improving accountability of charitable giving.
CALIFORNIA LEGISLATURE 20212022 REGULAR SESSION Assembly Bill No. 1353Introduced by Assembly Member WicksFebruary 19, 2021 An act relating to charitable organizations. LEGISLATIVE COUNSEL'S DIGESTAB 1353, as introduced, Wicks. Donor-advised funds.Existing law, the Supervision of Trustees and Fundraisers for Charitable Purposes Act, governs charitable corporations, unincorporated associations, trustees, commercial fundraisers, fundraising counsel, commercial coventurers, and other legal entities holding or soliciting property for charitable purposes over which the state or the Attorney General has enforcement and supervisory powers. Under the act, any person who violates any of the acts provisions with intent to deceive or defraud any charity or individual is liable for a specified civil penalty. The act also authorizes the Attorney General to impose other specified civil penalties for related acts and omissions.This bill would express the intent of the Legislature to enact legislation that would relate to donor-advised funds for the purpose of improving accountability of charitable giving.Digest Key Vote: MAJORITY Appropriation: NO Fiscal Committee: NO Local Program: NO
CALIFORNIA LEGISLATURE 20212022 REGULAR SESSION
Assembly Bill
No. 1353
Introduced by Assembly Member WicksFebruary 19, 2021
Introduced by Assembly Member Wicks
February 19, 2021
An act relating to charitable organizations.
LEGISLATIVE COUNSEL'S DIGEST
## LEGISLATIVE COUNSEL'S DIGEST
AB 1353, as introduced, Wicks. Donor-advised funds.
Existing law, the Supervision of Trustees and Fundraisers for Charitable Purposes Act, governs charitable corporations, unincorporated associations, trustees, commercial fundraisers, fundraising counsel, commercial coventurers, and other legal entities holding or soliciting property for charitable purposes over which the state or the Attorney General has enforcement and supervisory powers. Under the act, any person who violates any of the acts provisions with intent to deceive or defraud any charity or individual is liable for a specified civil penalty. The act also authorizes the Attorney General to impose other specified civil penalties for related acts and omissions.This bill would express the intent of the Legislature to enact legislation that would relate to donor-advised funds for the purpose of improving accountability of charitable giving.
Existing law, the Supervision of Trustees and Fundraisers for Charitable Purposes Act, governs charitable corporations, unincorporated associations, trustees, commercial fundraisers, fundraising counsel, commercial coventurers, and other legal entities holding or soliciting property for charitable purposes over which the state or the Attorney General has enforcement and supervisory powers. Under the act, any person who violates any of the acts provisions with intent to deceive or defraud any charity or individual is liable for a specified civil penalty. The act also authorizes the Attorney General to impose other specified civil penalties for related acts and omissions.
This bill would express the intent of the Legislature to enact legislation that would relate to donor-advised funds for the purpose of improving accountability of charitable giving.
## Digest Key
## Bill Text
The people of the State of California do enact as follows:SECTION 1. It is the intent of the Legislature to enact legislation that would relate to donor-advised funds for the purpose of improving accountability of charitable giving.
The people of the State of California do enact as follows:
## The people of the State of California do enact as follows:
SECTION 1. It is the intent of the Legislature to enact legislation that would relate to donor-advised funds for the purpose of improving accountability of charitable giving.
SECTION 1. It is the intent of the Legislature to enact legislation that would relate to donor-advised funds for the purpose of improving accountability of charitable giving.
SECTION 1. It is the intent of the Legislature to enact legislation that would relate to donor-advised funds for the purpose of improving accountability of charitable giving.
### SECTION 1.