Maryland HB483: Business Regulation - Charitable Organizations - Audit and Review Thresholds

What the bill says

An act concerning Business Regulation - Charitable Organizations - Audit and Review Thresholds FOR the purpose of increasing the minimum gross income amounts from charitable contributions at which a charitable organization must include a certain audit or a certain review with the charitable organization's registration statement; increasing the amount of cash receipts from charitable contributions the Secretary of State may accept an affidavit attesting to under certain circumstances…

From the enrolled text, May 18, 2026:

AN ACT concerning Business Regulation - Charitable Organizations - Audit and Review Thresholds FOR the purpose of increasing the minimum gross income amounts from charitable contributions at which a charitable organization must include a certain audit or a certain review with the charitable organization's 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 of the charitable organization; and generally relating to audit and review thresholds for charitable organizations. BY repealing and reenacting, without amendments, Article - Business Regulation Section 6-402(a) Annotated Code of Maryland (2024 Replacement Volume and 2025 Supplement) BY repealing and reenacting, with amendments, Article - Business Regulation Section 6-402(b)(7), (c)(1)(v), and (d) Annotated Code of Maryland (2024 Replacement Volume and 2025 Supplement) SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF MARYLAND, That the Laws of Maryland read as follows: Article - Business Regulation 6-402. (a) A registration statement shall be on the form that the Secretary of State provides. (b) Except as provided in subsection (c) of this section, the registration statement shall contain or be accompanied by: (7) (i) an audit by an independent certified public …

Read the full official text

Sponsors

• Sarah Wolek (D, 16) · primary sponsor

Latest actions

1. May 12, 2026: Approved by the Governor - Chapter 393
2. April 9, 2026: Returned Passed
3. April 8, 2026: Third Reading Passed (44-0)
4. April 7, 2026: Second Reading Passed
5. April 7, 2026: Favorable Adopted
6. April 6, 2026: Favorable Report by Judicial Proceedings
7. March 13, 2026: Referred Judicial Proceedings
8. March 12, 2026: Third Reading Passed (96-36)
9. March 11, 2026: Second Reading Passed with Amendments
10. March 11, 2026: Favorable with Amendments {833920/1 Adopted

Votes

• Third Reading Passed (44-0) (April 8, 2026): 44 yea, 0 nay, passed
• Third Reading Passed (96-36) (March 12, 2026): 96 yea, 36 nay, passed

Common questions

What is HB483?

HB483 is a bill in the Maryland Legislature (2026 Regular Session): Business Regulation - Charitable Organizations - Audit and Review Thresholds.

What does HB483 do?

In its own words: An act concerning Business Regulation - Charitable Organizations - Audit and Review Thresholds FOR the purpose of increasing the minimum gross income amounts from charitable contributions at which a charitable organization must include a certain audit or a certain review with the charitable organization's registration statement; increasing the amount of cash receipts from charitable contributions the Secretary of State may accept an affidavit attesting to under certain circumstances…

What is the status of HB483?

Signed into law as of May 12, 2026. Latest action: Approved by the Governor - Chapter 393 (May 12, 2026).

Who sponsored HB483?

Sarah Wolek (D, 16).

Where is the official record for HB483?

On the Maryland Legislature website: https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/hb0483?ys=2026RS