Increases thresholds for charities requesting exemptions and modifies registration requirements for commercial co-venturers.
Amends the South Carolina Code to increase the threshold for charities requesting exemptions from registration, raising it from $7,500 to $25,000 in gross revenue per fiscal year. Modifies registration requirements for commercial co-venturers, exempting them from registration if they collect less than $10,000 in a single solicitation campaign. Requires commercial co-venturers to register and report to the Secretary of State if they exceed this threshold. Prohibits commercial co-venturers from using their registration as an endorsement by the state.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.