South Carolina S0715 amends charitable solicitation laws to increase exemption thresholds and modify registration requirements.
South Carolina S0715 amends the state's charitable solicitation laws by increasing the exemption thresholds for certain organizations from soliciting contributions. It exempts organizations that do not intend to collect more than $25,000 in a fiscal year and those that solicit exclusively from their membership. The bill also modifies registration requirements for commercial co-venturers, requiring them to register if they collect over $10,000 in a single solicitation campaign. Additionally, it mandates that professional solicitors disclose their status and compensation details upon request.
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