Who sponsors AB 1712?

AB 1712 is sponsored by Wicks, Buffy (Democratic).

Where can I track AB 1712?

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California 2019-2020 Regular Session Status: In Committee 1 D cosponsors

AB 1712 — Donor-advised funds.

Last action February 03, 2020 — From committee: Filed with the Chief Clerk pursuant to Joint Rule 56.

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Introduced
2
In Committee
3
Passed Assembly
4
Passed Senate
5
To Executive
6
Enacted

This bill died with 2019-2020 Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.

Summary

The Supervision of Trustees and Fundraisers for Charitable Purposes Act governs charitable corporations, unincorporated associations, trustees, commercial fundraisers, fundraising counsel, commercial coventurers, and other legal entities holding or soliciting property for charitable purposes over which the state or the Attorney General has enforcement and supervisory powers. Under the act, specified charitable corporations and trustees are required to file with the Attorney General periodic written reports, under oath, that set forth information as to the nature of the assets held for charitable purposes and the administration of these assets by the corporation or the trustee in accordance with rules and regulations of the Attorney General. Existing law exempts from this filing requirement corporate trustees subject to the jurisdiction of the Commissioner of Business Oversight. This bill would also require the Attorney General to adopt rules and regulations requiring a donor-advised fund, as defined, to include specified information in reports to the Attorney General for the purpose of helping the Attorney General determine whether the funds or accounts managed by the donor-advised fund are being administered properly. The bill would also prohibit the disclosure of the personal information that identifies an individual donor and would exempt a donor-advised fund sponsoring organization from disclosure requirements if it meets specified, self-certified conditions. This bill would make nonsubstantive changes and a conforming change.

Bill Text

Amended 01/06/20 - Amended Assembly Current pdf January 06, 2020
Amended 06/11/19 - Amended Assembly pdf June 11, 2019
Amended 03/28/19 - Amended Assembly pdf March 28, 2019
Introduced 02/22/19 - Introduced pdf February 22, 2019
AB1712 View text html

Action History

February 03, 2020
From committee: Filed with the Chief Clerk pursuant to Joint Rule 56.
January 31, 2020
Died pursuant to Art. IV, Sec. 10(c) of the Constitution.
January 23, 2020
In committee: Set, first hearing. Hearing canceled at the request of author.
January 14, 2020
From committee: Do pass and re-refer to Com. on APPR. (Ayes 8. Noes 2.) (January 14). Re-referred to Com. on APPR.
January 07, 2020
Re-referred to Com. on JUD.
January 06, 2020
From committee chair, with author's amendments: Amend, and re-refer to Com. on JUD. Read second time and amended.
June 12, 2019
Re-referred to Com. on JUD.
June 11, 2019
From committee chair, with author's amendments: Amend, and re-refer to Com. on JUD. Read second time and amended.
April 22, 2019
In committee: Hearing postponed by committee.
April 01, 2019
Re-referred to Com. on JUD.
March 28, 2019
From committee chair, with author's amendments: Amend, and re-refer to Com. on JUD. Read second time and amended.
March 28, 2019
Referred to Com. on JUD.
February 25, 2019
Read first time.
February 23, 2019
From printer. May be heard in committee March 25.
February 22, 2019
Introduced. To print.

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 121 not signed on

Sponsors (1)

Wicks, Buffy Democratic

Co-sponsors (0)

None.

Not signed on (121)

121 members have not signed on to this bill.

Show all 121 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Votes

Do pass and be re-referred to the Committee on [Appropriations]

January 14, 2020

Passed 8 Yea · 2 Nay · 1 Other

Party	Yea	Nay	Present	Not Voting
Unaffiliated	5	2	0	1
Republican	1	0	0	0
Democratic	2	0	0	0
Total	8	2	0	1
% of votes cast	73%	18%	0%	9%

How each member voted (11)

Member	Party	Vote
Chiu	—	Yea
Holden	—	Yea
Gonzalez	—	Yea
Chau	—	Yea
Obernolte	—	Nay
Kiley	—	Nay
Maienschein	—	Not Voting
Mark Stone	—	Yea
Kalra, Ash	Democratic	Yea
Reyes, Eloise Gómez	Democratic	Yea
Gallagher, James	Republican	Yea

Official roll call →

Subjects

finance

Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does AB 1712 do?: The Supervision of Trustees and Fundraisers for Charitable Purposes Act governs charitable corporations, unincorporated associations, trustees, commercial fundraisers, fundraising counsel, commercial coventurers, and other legal entities holding or soliciting property for charitable purposes over which the state or the Attorney General has enforcement and supervisory powers. Under the act, specified charitable corporations and trustees are required to file with the Attorney General periodic written reports, under oath, that set forth information as to the nature of the assets held for charitable purposes and the administration of these assets by the corporation or the trustee in accordance with rules and regulations of the Attorney General. Existing law exempts from this filing requirement corporate trustees subject to the jurisdiction of the Commissioner of Business Oversight. This bill would also require the Attorney General to adopt rules and regulations requiring a donor-advised fund, as defined, to include specified information in reports to the Attorney General for the purpose of helping the Attorney General determine whether the funds or accounts managed by the donor-advised fund are being administered properly. The bill would also prohibit the disclosure of the personal information that identifies an individual donor and would exempt a donor-advised fund sponsoring organization from disclosure requirements if it meets specified, self-certified conditions. This bill would make nonsubstantive changes and a conforming change.
Who sponsors AB 1712?: AB 1712 is sponsored by Wicks, Buffy (Democratic).
What is the current status of AB 1712?: This bill died with 2019-2020 Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track AB 1712?: Track AB 1712 free on One Click Politics — get push/email alerts when it moves.

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At a glance

Identifier: AB 1712
Jurisdiction: California
Session: 2019-2020 Regular Session
Type: Bill
Introduced: February 22, 2019
Status: In Committee
Prime sponsor: Wicks, Buffy

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Last checked for changes 3 months ago · updated continuously

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