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Primary Sponsor

Last Action

Placed On Cal For 06/30/20262026-06-24

Vote Breakdown

Plain Language Summary

This bill allows charitable organizations with tax-exempt status to collect nonprobate assets (like life insurance, retirement accounts, and securities) left to them by deceased donors by submitting an affidavit to the asset holder, rather than going through probate court. The bill also prohibits asset holders from requesting personal information about the charity's employees or board members and provides legal remedies if asset holders unreasonably refuse to transfer the property.

Arguments in Favor

• •Supporters argue this bill streamlines the transfer of charitable donations by eliminating unnecessary delays and bureaucratic processes that can tie up intended gifts to nonprofits.
• •Charities benefit from faster access to funds that were specifically designated for them, allowing them to deploy resources for their missions sooner.
• •The privacy protections prevent charities from having to disclose sensitive personal information about their staff and leadership.

Arguments Against

• •Opponents may be concerned that the streamlined process and limited investigation requirements could create opportunities for fraud, such as someone falsely claiming to represent a charitable organization to collect assets.
• •Asset holders like banks and insurance companies might worry about their liability if they later discover the transfer was improper, even though the bill offers some legal protections.
• •Additionally, limiting what information can be requested could make it harder to verify the legitimacy of the transfer or the charity's authority.