Solicitation of contributions; registration of charitable organizations. (SB86)
Introduced By
Sen. Dick Saslaw (D-Springfield)
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
☐ |
Became Law |
Description
Solicitation of contributions; registration of charitable organizations. Provides that any charitable organization whose annual gross revenue would qualify it to file Form 990-N with the Internal Revenue Service (IRS) may submit a balance sheet and income and expense statement verified under oath or affirmation by the treasurer of the organization. The IRS recently raised the threshold for organizations allowed to file Form 990-N from $25,000 to $50,000. Currently, Virginia law sets the annual gross revenue threshold at $25,000. The bill will allow the state threshold for filing the form to track the threshold set by the IRS. Read the Bill »
Outcome
Bill Has Passed
History
Date | Action |
---|---|
01/09/2012 | Prefiled and ordered printed; offered 01/11/12 12101639D |
01/09/2012 | Referred to Committee on General Laws and Technology |
01/16/2012 | Impact statement from DPB (SB86) |
01/16/2012 | Reported from General Laws and Technology (15-Y 0-N) (see vote tally) |
01/18/2012 | Constitutional reading dispensed (39-Y 0-N) (see vote tally) |
01/19/2012 | Read second time and engrossed |
01/20/2012 | Bills placed in block (39-Y 0-N) (see vote tally) |
01/20/2012 | Read third time and passed Senate (38-Y 0-N) (see vote tally) |
01/20/2012 | Reconsideration of passage agreed to by Senate (39-Y 0-N) (see vote tally) |
01/20/2012 | Passed Senate (39-Y 0-N) (see vote tally) |
02/13/2012 | Placed on Calendar |
02/13/2012 | Read first time |
02/13/2012 | Referred to Committee on General Laws |
02/14/2012 | Assigned GL sub: #3 ABC/Gaming |
02/28/2012 | Subcommittee recommends reporting (7-Y 0-N) |
02/28/2012 | Reported from General Laws (22-Y 0-N) (see vote tally) |
02/29/2012 | Read second time |
03/01/2012 | Read third time |
03/01/2012 | Passed House BLOCK VOTE (99-Y 0-N) |
03/01/2012 | VOTE: BLOCK VOTE PASSAGE (99-Y 0-N) (see vote tally) |
03/06/2012 | Enrolled |
03/06/2012 | Bill text as passed Senate and House (SB86ER) |
03/06/2012 | Signed by Speaker |
03/08/2012 | Impact statement from DPB (SB86ER) |
03/08/2012 | Signed by President |
03/21/2012 | G Approved by Governor-Chapter 313 (effective 7/1/12) |
03/21/2012 | G Acts of Assembly Chapter text (CHAP0313) |