Senate Bill 70

Actions | Amendments
Last Action 02/06/24: to Committee on Committees (H)
Title AN ACT relating to charitable donor intent protection.
Bill Documents Current
Introduced
Bill Request Number 830
Sponsors P. Wheeler, G. Boswell, S. Meredith, R. Mills, M. Nemes, J. Schickel, B. Storm
Summary of Original Version Create a new section of KRS Chapter 273 to define terms; establish that charitable organizations that accept contributions pursuant to an endowment agreement must abide by the terms of the endowment agreement; establish that a donor or a donor's legal representative may bring a civil action against a charitable organization that violates the terms of the endowment agreement.
Index Headings of Original Version Charitable Organizations and Institutions - Endowment agreements, donor restrictions, penalty for violation
Civil Actions - Endowment agreements, donor restrictions, action to enforce
Consumer Affairs - Charitable endowments, donor restrictions, action to enforce
Jump to Proposed Amendments Senate Committee Substitute 1
Votes Vote History

Actions

Top | Amendments
01/04/24
  • introduced in Senate
  • to Committee on Committees (S)
01/08/24
  • to Licensing & Occupations (S)
01/16/24
  • recommitted to Judiciary (S)
02/01/24
  • reported favorably, 1st reading, to Calendar with Committee Substitute (1)
02/02/24
  • 2nd reading, to Rules
  • posted for passage in the Regular Orders of the Day for Monday, February 05, 2024
02/05/24
  • 3rd reading, passed 34-2 with Committee Substitute (1)
02/06/24
  • received in House
  • to Committee on Committees (H)

Proposed Amendments

Top | Actions
Amendment Senate Committee Substitute 1
Summary Retain original provisions, except delete restrictive language from the definition of "endowment fund;" direct that a civil action shall be limited to appropriate declaratory and injunctive relief and shall not seek a judgment awarding monetary damages.
Index Headings Charitable Organizations and Institutions - Endowment agreements, donor restrictions, penalties
Civil Actions - Endowment agreements, donor restrictions, remedies
Consumer Affairs - Charitable endowments, donor restrictions, remedies

Last updated: 2/29/2024 5:57 PM (EST)