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Tuesday, July 7, 2026

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MD · SB354INTRO · 2 COSPONSORS

Business Regulation - Charitable Organizations - Audit and Review Thresholds

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Plain-English Summary

Increasing the minimum gross income amounts from charitable contributions at which a charitable organization must include a certain audit or a certain review with a registration statement; increasing the amount of cash receipts from charitable contributions the Secretary of State may accept an affidavit attesting to under certain circumstances; increasing the maximum amount of gross income of a charitable organization at which the Secretary of State may require an audit or review from $750,000 t…

Source: OpenStates · fetched April 13, 2026

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