Solicitation of Charitable Funds

From the Legislature

Amend The South Carolina Code Of Laws By Amending Section 33-56-50, Relating To Organizations Exempt From Registration Provisions, Alternate Filings, And Fundraising Activities, So As To Increase Thresholds For Charities Requesting Exemptions; By Amending Section 33-56-70, Relating To The Requirement That Contracts With Professional Solicitors Must Be In Writing, Filing Requirements, Joint Financial Reports For Each Campaign, And Penalties For Noncompliance, So As To Limit Filing Requirements To Commercial Co-venturers Under Certain Conditions; By Amending Section 33-56-90, Relating To Disclosures To Solicited Parties, So As To Require Any Entity That Solicits For Charitable Organizations To Disclose The Legal Name And Purpose Of The Charity For Which They Are Soliciting; By Amending Section 33-56-110, Relating To The Registration Of Professional Solicitors, Fundraising Counsel, Or Commercial Co-venturers, So As To Limit Registration Requirements For Commercial Co-venturers Soliciting More Than Ten Thousand Dollars In A Single Solicitation Campaign; By Amending Section 33-56-110, Relating To Registration Of Professional Solicitors, Fundraising Counsel, Or Commercial Co-venturers, So As To Provide That If A Commercial Co-venturer Intending To Be Exempt From Registration With The Secretary Of State Collects, Earns, Or Receives Charitable Contributions In Excess Of Ten Thousand Dollars During A Solicitation Campaign, Then The Commercial Co-venturer Shall Report To The Secretary Of State; And By Amending Section 33-56-120, Relating To Prohibited Misrepresentations, So As To Prohibit Commercial Co-venturers From Using Registration With The Secretary Of State As An Endorsement By The State.