Environmental & Healthcare Legislative Watch50 States · D.C. · U.S. Congress
From official state and federal legislative records. Informational only, not legal advice.
Died
This idea didn't make it. It stopped moving and won't become a law this time.
In plain words
AI summaryWritten by AI from the bill text. Check the official text before relying on it.
Prohibits charitable organization that accepts contribution pursuant to written donor-imposed restriction from violating terms of that restriction without potential penalty; authorizes donor, or donor's legal representative, to file complaint within specified timeframe if charitable organization violates donor-imposed restriction contained in endowment agreement; specifies venue where complaint may be filed; provides that complaint may be filed regardless of whether endowment agreement expressly reserves right to sue or enforce agreement; prohibits donor or donor representative from seeking judgment awarding damages; requires charitable organization to notify donor, or donor's legal representative, if it cannot fulfill term in endowment agreement & offer donor, or donor's legal representative, alternative solution that closely matches initial term in such endowment agreement; etc.
