Secretary of State
Secretary Grimes' Non-Profit Law Recommendations Pass Kentucky House
Today, the Kentucky House of Representatives approved legislation that will make important and sweeping changes to laws governing non-profit entities in the Commonwealth. House Bill 440, which includes many recommendations from Secretary of State Alison Lundergan Grimes, passed the chamber unanimously.
"Kentucky’s non-profit entities perform vital functions in our communities, and I am proud the House has acted to pass these significant reforms," Grimes said. "My hope is the Senate will act swiftly on this legislation to update Kentucky's antiquated non-profit statutes."
The legislation would bring Kentucky law in line with more than 15 other states by adopting the Uniform Unincorporated Non-profit Association Act, providing default rules for organizing informal non-profit entities such as little league teams and local fundraising efforts. Additionally, the legislation would allow these non-profits to make a filing with the Secretary of State, affording participants limited liability from debts and obligations of the organization.
House Bill 440 will also bring much-needed updates to the state's non-profit corporation laws, accounting for advances in technology and spelling out how non-profits can utilize technology such as email and conference calling.
For more information, the text of the bill is located on the Legislative Research Commission's website.