California AB576 amends the Government Code to regulate online charitable fundraising platforms and charities.

California AB576 amends the Government Code to establish rules for charitable fundraising platforms and platform charities. The Attorney General must set regulations for these entities, including registration requirements, consent for using charitable organization names in solicitations, and annual reporting. The bill defines "charitable fundraising platform" and "platform charity," and outlines their obligations, such as holding donations in separate accounts, providing tax receipts, and not diverting funds. It also mandates disclosures about donation timing, fees, and tax deductibility.

California AB576 amends the Government Code to regulate online charitable fundraising platforms and charities.

California AB576 amends the Government Code to establish rules for charitable fundraising platforms and platform charities. The Attorney General must set regulations for these entities, including registration requirements, consent for using charitable organization names in solicitations, and annual reporting. The bill defines "charitable fundraising platform" and "platform charity," and outlines their obligations, such as holding donations in separate accounts, providing tax receipts, and not diverting funds. It also mandates disclosures about donation timing, fees, and tax deductibility.