Senate Bill sb1938

    Florida Senate - 2001                                  SB 1938

    By Senator Garcia





    39-1240-01

  1                      A bill to be entitled

  2         An act relating to charitable organizations;

  3         amending s. 496.407, F.S.; requiring such

  4         organizations to make their annual returns

  5         available for public inspection; requiring that

  6         a notice be published regarding such

  7         availability; providing an effective date.

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  9  Be It Enacted by the Legislature of the State of Florida:

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11         Section 1.  Subsection (4) is added to section 496.407,

12  Florida Statutes, to read:

13         496.407  Financial report.--

14         (4)  A charitable organization must make its annual

15  return available for public inspection during a period

16  beginning 10 days after such filing and ending 180 days after

17  the filing. Notice of the availability of the return for

18  inspection must be published by the day it is filed in a daily

19  newspaper of general circulation in the county in which the

20  organization's principal office is located. The notice must

21  state that the return will be available for inspection at the

22  principal office during regular business hours during the

23  period beginning 10 days after the filing and ending 180 days

24  after the filing and must include the address and telephone

25  number of the organization and the name of its principal

26  manager.

27         Section 2.  This act shall take effect July 1, 2001.

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    Florida Senate - 2001                                  SB 1938
    39-1240-01




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  2                          SENATE SUMMARY

  3    Requires charitable organizations to make their annual
      reports available for inspection by the public and
  4    requires the publishing of a notice of the availability
      in a daily newspaper of general circulation in the county
  5    in which the principal office of the organization is
      located.
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CODING: Words stricken are deletions; words underlined are additions.