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AB-1338 Community foundations.(2019-2020)

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Date Published: 02/22/2019 09:00 PM
AB1338:v99#DOCUMENT


CALIFORNIA LEGISLATURE— 2019–2020 REGULAR SESSION

Assembly Bill No. 1338


Introduced by Assembly Member Irwin

February 22, 2019


An act relating to community foundations.


LEGISLATIVE COUNSEL'S DIGEST


AB 1338, as introduced, Irwin. Community foundations.
Existing law, the Supervision of Trustees and Fundraisers for Charitable Purposes Act, requires the Attorney General to establish and maintain a register of charitable corporations, unincorporated associations, and trustees and authorizes the Attorney General to conduct investigations, as necessary, and obtain information, copies of instruments, reports, and records needed for the establishment and maintenance of the register.
This bill would state the intent of the Legislature to enact legislation that would require the board members and officers of a community foundation to obtain financial fiduciary training.
Vote: MAJORITY   Appropriation: NO   Fiscal Committee: NO   Local Program: NO  

The people of the State of California do enact as follows:


SECTION 1.

 It is the intent of the Legislature to enact legislation that would require the board members and officers of a community foundation to obtain financial fiduciary training.