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HB 483

EnactedCrossfile SB 354
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Business Regulation - Charitable Organizations - Audit and Review Thresholds

Sponsor: Sarah Wolek (District 16)Committee: Economic MattersSubject: Business RegulationStatus: Approved by the Governor - Chapter 393 (as of Sep 4, 2026)

What this bill does

Official synopsis

Increasing the minimum gross income amounts from charitable contributions at which a charitable organization must include a certain audit or a certain review with a registration statement; increasing the amount of cash receipts from charitable contributions the Secretary of State may accept an affidavit attesting to under certain circumstances; increasing the maximum amount of gross income of a charitable organization at which the Secretary of State may require an audit or review from $750,000 to $1,000,000; etc.

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Testimony (10)

MGA witness list
FAV 9FavorableUNF 1Unfavorable
PositionWitnessOrganizationTestimony
FAVMikkila, LoisAssn of Community Services of Howard CoWritten (PDF)
FAVRoth-Gormley, ShanaCommunity Law CenterPosition only
FAVLevine, BrianlobbyistMontgomery County Chamber of CommerceWritten (PDF)
FAVKimbis, PeteNonprofit MontgomeryOral + Written (PDF)
FAVahmed, aquilUniversity of Karachi Alumni AssociationWritten (PDF)
FAVDelegate Wolek, Delegate WoleklegislatorIndividualOral
FAVHessler, ThereselobbyistIndividualOral + Written (PDF)
FAVMauer, WilliamIndividualPosition only
FAVMcKay, MikeIndividualWritten (PDF)
UNFRosa, RichardIndividualPosition only

Organizations on record

Registered lobbyists who testified

FAVLevine, BrianMontgomery County Chamber of CommerceRegistered for: Montgomery County Chamber of Commerce
FAVHessler, ThereseRegistered for: City of Gaithersburg; Elevate Recovery Centers; Evolve Kids Care; Evolve Life Centers; High Roller Technologies; Laila's Gift