Connecticut House Bill HB05175

Connecticut 2023 Regular Session

• Introduced: 1/11/23
• Refer: 1/11/23

Caption

An Act Concerning Paid Solicitors Of Charitable Funds And Charitable Organization Transparency.

Impact

The bill is expected to impact state laws by eliminating certain provisions related to the submission of campaign solicitation literature and the publication of solicitation campaigns. Additionally, it will require paid solicitors to maintain and disclose more comprehensive records than currently mandated, thus enhancing the overall transparency of charitable activities. Also, it will allow some charitable organizations to file review reports instead of detailed audit reports, potentially reducing the financial burden on smaller entities.

Summary

House Bill 05175 aims to modify the existing regulations regarding paid solicitors of charitable funds and enhance transparency within charitable organizations. The bill proposes several changes including shortening the deadline for paid solicitors to file contracts with charitable organizations. It seeks to streamline the administrative processes that these organizations face while still promoting accountability and disclosure.

Contention

Notable points of contention surrounding HB05175 may revolve around the balance between reducing regulatory burdens for charitable organizations and ensuring that there is sufficient oversight and transparency. Some advocates for charitable organizations may argue that while the bill simplifies some processes, it could also diminish the level of accountability necessary to protect donors and beneficiaries. Critics might highlight concerns that the reduction in reporting requirements could lead to less informed donors and potentially undermine trust in charitable organizations.