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

DateAction
01/09/2012Prefiled and ordered printed; offered 01/11/12 12101639D
01/09/2012Referred to Committee on General Laws and Technology
01/16/2012Impact statement from DPB (SB86)
01/16/2012Reported from General Laws and Technology (15-Y 0-N) (see vote tally)
01/18/2012Constitutional reading dispensed (39-Y 0-N) (see vote tally)
01/19/2012Read second time and engrossed
01/20/2012Bills placed in block (39-Y 0-N) (see vote tally)
01/20/2012Read third time and passed Senate (38-Y 0-N) (see vote tally)
01/20/2012Reconsideration of passage agreed to by Senate (39-Y 0-N) (see vote tally)
01/20/2012Passed Senate (39-Y 0-N) (see vote tally)
02/13/2012Placed on Calendar
02/13/2012Read first time
02/13/2012Referred to Committee on General Laws
02/14/2012Assigned GL sub: #3 ABC/Gaming
02/28/2012Subcommittee recommends reporting (7-Y 0-N)
02/28/2012Reported from General Laws (22-Y 0-N) (see vote tally)
02/29/2012Read second time
03/01/2012Read third time
03/01/2012Passed House BLOCK VOTE (99-Y 0-N)
03/01/2012VOTE: BLOCK VOTE PASSAGE (99-Y 0-N) (see vote tally)
03/06/2012Enrolled
03/06/2012Bill text as passed Senate and House (SB86ER)
03/06/2012Signed by Speaker
03/08/2012Impact statement from DPB (SB86ER)
03/08/2012Signed by President
03/21/2012G Approved by Governor-Chapter 313 (effective 7/1/12)
03/21/2012G Acts of Assembly Chapter text (CHAP0313)

Video

This bill was discussed on the floor of the General Assembly. Below is all of the video that we have of that discussion, 1 clip in all, totaling 45 seconds.