s_sa_2017a_2017-03-22t13:34:53z5 Hearing Summary

Date: 03/22/2017

Location: SCR 357

02:07 PM -- HB17-1158



The committee reconvened.



Senator Smallwood and Senator Martinez Humenik presented House Bill 17-1158 to the committee. This bill modifies and clarifies charitable organization requirements under the Colorado Charitable Solicitations Act as follows:



• By requiring that 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, which is a class one misdemeanor.

• Any changes that affect the identity of the organization, such as a name change or tax status change, must be reported to the Department of State within 30 days.

• The time limit for a request for a hearing on the denial, suspension, or revocation of a registration is changed from 5 to 30 days.

• The requirement that a charitable organization designate a registered agent for the service of process and notices is replaced with the requirement that the organization provide an address of record.

• The failure to file a financial report is subject to a fine. Notice of failure to file is deemed received if it is sent twice by the Department of State to the address on file.

• The Department of State may promulgate rules providing for the withdraw of an active registration by a charitable organization.



02:13 PM -- Tim Griesmer, representing the Colorado Department of State, testified in support of the bill and responded to committee member questions.





02:17 PM



Senators Smallwood and Martinez Humenik wrapped up their presentation of the bill.