Text: SF02189 Text: SF02191 Text: SF02100 - SF02199 Text: SF Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Section 1. Section 22.7, Code Supplement 1997, is amended 1 2 by adding the following new subsection: 1 3 NEW SUBSECTION. 38. Information which identifies an 1 4 individual making a contribution to a foundation as provided 1 5 in section 22.15, unless the foundation elects to disclose the 1 6 information. 1 7 Sec. 2. NEW SECTION. 22.15 FINANCIAL RECORDS 1 8 FOUNDATIONS. 1 9 1. As used in this section: 1 10 a. "Contribution" means a transfer of money, property, or 1 11 services, including but not limited to a loan, advance, grant, 1 12 or gift. 1 13 b. "Foundation" means any entity which is not a government 1 14 body, but which is established by statute or required by 1 15 statute to be organized under the laws of this state, 1 16 including under chapter 504A, in order to carry out a purpose 1 17 established by statute. 1 18 2. Information stored and preserved by a foundation which 1 19 relates to the financial condition or affairs of the 1 20 foundation, including but not limited to its budget, sources 1 21 of revenue, and expenditures, shall be considered a public 1 22 record, and the foundation shall be considered a governmental 1 23 body for purposes of allowing public examination, copying, 1 24 publishing, or disseminating of the information as provided 1 25 under this chapter. 1 26 If the source of revenue is an individual making a 1 27 contribution to the foundation, and the identity of the 1 28 individual is confidential information as provided in section 1 29 22.7, the foundation shall provide the information by 1 30 aggregating the amount of contributions made to the foundation 1 31 by all individuals. Upon request, the foundation shall 1 32 prepare an itemized statement listing the names of other 1 33 contributors and the types and amounts of their contributions. 1 34 EXPLANATION 1 35 This bill provides that the financial records of 2 1 foundations which are established by statute or required by 2 2 statute to be organized under the laws of this state, in order 2 3 to carry out a purpose established by statute, are public 2 4 records under the open records law. The foundation must allow 2 5 public access to that information as if it were a government 2 6 body. 2 7 The bill provides that if the source of revenue is an 2 8 individual making a contribution to the foundation, and the 2 9 foundation protects the individual's confidentiality, the 2 10 foundation must provide the information by aggregating the 2 11 amount of contributions made to the foundation by all 2 12 individuals. Upon request, the foundation must prepare an 2 13 itemized statement listing the names of other contributors and 2 14 the types and amounts of their contributions. 2 15 LSB 3808SS 77 2 16 da/jl/8
Text: SF02189 Text: SF02191 Text: SF02100 - SF02199 Text: SF Index Bills and Amendments: General Index Bill History: General Index
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