AB2659:v99#DOCUMENTBill Start
CALIFORNIA LEGISLATURE—
2023–2024 REGULAR SESSION
Assembly Bill
No. 2659
Introduced by Assembly Member Calderon
|
February 14, 2024 |
An act to amend Section 148.2 of the Welfare and Institutions Code, relating to salvageable personal property.
LEGISLATIVE COUNSEL'S DIGEST
AB 2659, as introduced, Calderon.
Salvageable personal property.
Existing law regulates the acquisition and disposition of salvageable personal property for charitable purposes. Existing law requires an organization that is qualified to solicit donations of salvageable personal property, or to sell salvageable personal property obtained by soliciting, as specified, to maintain separate bank accounts and separate books and records for those solicitations or sales and to fully comply with the Supervision of Trustees and Fundraisers for Charitable Purposes Act.
This bill would make technical, nonsubstantive changes to those provisions.
Digest Key
Vote:
MAJORITY
Appropriation:
NO
Fiscal Committee:
NO
Local Program:
NO
Bill Text
The people of the State of California do enact as follows:
SECTION 1.
Section 148.2 of the Welfare and Institutions Code is amended to read:148.2.
Any organization qualified under Section 148.3 to solicit donations of salvageable personal property, or to sell salvageable personal property obtained by soliciting, shall: (a) shall comply with both of the following:(a) It shall maintain separate bank accounts and separate books and records for such
those
solicitations or sales, and it shall not commingle any proceeds of such those solicitations or sales with any other assets; and (b) assets.
(b) It shall fully comply with the provisions of
the Supervision of Trustees and Fundraisers for Charitable Purposes Act (Article 7 of Chapter 6 (commencing with Section 12580) (commencing with Section 12580) of Chapter 6 of Part 2 of Division 3 of Title 2 of the Government Code).