s_sa_2016a_2016-04-20t13:38:17z1 Hearing Summary

Date: 04/20/2016

01:43 PM -- HB16-1318



Senator Newell presented House Bill 16-1318 to the committee. The bill clarifies charitable organization requirements under the Colorado Charitable Solicitations Act (CCSA). By requiring registration statements or renewals, financial reports, and solicitation notices be signed and affirmed under penalty perjury, this bill makes falsifying a charitable organization's financial reports or registration documents a second degree perjury offense. Additionally, any changes that affect the identity of the organization, such as a name change or tax status change, must be reported to the Secretary of State (SOS) within 30 days.



An administrative review may be held to revoke or suspend the registration of the organization if it makes a false statement or omits material information in any registration statement, annual report, or other information required to be filed under the CCSA. After notice has been given and a hearing held, the SOS can issue a cease and desist order to a charitable organization. Any organization receiving a cease and desist order may request judicial review.



01:47 PM -- Tim Griesmer, representing the SOS, testified in support of the bill and provided two handouts (Attachments B and C).



16SenateState0420AttachB.pdf 16SenateState0420AttachC.pdf



01:49 PM -- Mark Turner, representing the Colorado Nonprofit Association, testified in support of the bill.





01:52 PM



Senator Newell wrapped up her presentation to the committee.