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2003 SESSION

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SB 1156 Solicitation of contributions; commercial co-venturers.

Introduced by: Patricia S. Ticer | all patrons    ...    notes | add to my profiles

SUMMARY AS PASSED: (all summaries)

Solicitation of contributions; commercial co-venturers. Defines a commercial co-venturer as any person who (i) is organized for profit, (ii) is regularly and primarily engaged in trade or commerce, other than in connection with soliciting for charitable or civic organizations or charitable purposes, and (iii) conducts an advertised charitable sales promotion for a specified limited period of time. The bill makes commercial co-venturers subject to the solicitation of contributions law, although it does not require registration of these entities. The bill sets out recordkeeping and other requirements for commercial co-ventures involved in the conduct of any charitable sales promotion. The bill also defines charitable sales promotion as advertised sales that feature the names of both the commercial co-venturer and the charitable or civic organization and which state that the purchase or use of the goods, services, entertainment, or any other thing of value that the commercial co-venturer normally sells, will benefit the charitable or civic organization or its purposes. The bill provides that to qualify as a charitable sales promotion, the consumer must pay the same price for the thing of value as the commercial co-venturer usually charges without the charitable sales promotion and the consumer retains the thing of value.


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