2011 Regular Session
|At the request of:||(at the request of Attorney General John Kroger for Department of Justice)|
|Bill Title:||Relating to regulation of charitable organizations; prescribing an effective date.|
Allows Attorney General to issue order disqualifying charitable organization from receiving contributions that are deductible for purpose of Oregon income tax and corporate excise tax if Attorney General finds that charitable organization has failed to expend at least 30 percent of total annual functional expenses on program services when those expenses are averaged over most recent three fiscal years.
Provides that Attorney General may decline to issue disqualification order if certain mitigating circumstances exist. Specifies exempt organizations. Imposes mandatory disclosure requirements for charitable organizations subject to disqualification order. Requires Attorney General to publish on Internet and otherwise make available list of charitable organizations that are subject to disqualification orders. Takes effect on 91st day following adjournment sine die.
|Fiscal Impact:||No Fiscal Impact|
|Revenue Impact:||Revenue Impact Issued|
|Measure Analysis:||Staff Measure Summary / Impact Statements|
|Current Location:||In House Committee|
|Current Committee:||House Committee On Revenue|
|Potential Conflicts of Interest/Vote Explanations:||Potential Conflicts of Interest/Vote Explanation Documents|