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A BILL TO BE ENTITLED
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AN ACT
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relating to eligibility of charitable organizations to participate |
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in a state employee charitable campaign. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 659.146(a), Government Code, is amended |
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to read as follows: |
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(a) To be eligible to participate in a state employee |
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charitable campaign, a charitable organization must: |
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(1) be governed by a voluntary board of citizens that |
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meets at least twice each year to set policy and manage the affairs |
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of the organization; |
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(2) if the organization's annual budget: |
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(A) does not exceed $250,000 [$100,000], provide |
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a completed Internal Revenue Service Form 990 and an accountant's |
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review that offers full and open disclosure of the organization's |
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internal operations; or |
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(B) exceeds $250,000 [$100,000], be audited |
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annually in accordance with generally accepted auditing standards |
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of the American Institute of Certified Public Accountants; and |
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(3) not spend more than 25 percent of its annual |
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revenue for administrative and fund-raising expenses. |
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SECTION 2. This Act takes effect September 1, 2013. |