Hawaii State Legislature

Bill Status

SB73

Generated on 8/13/2007 4:01:58 PM

Measure Title:
RELATING TO NONPROFIT CORPORATIONS.
Report Title:
Nonprofit Corporations; Audit Committees; Fraud Protections
Description:
Requires nonprofit corporations with annual gross revenues of $1 million or greater to implement federal Sarbanes-Oxley Act-type provisions by forming an audit committee with independent members and using generally accepted accounting principles. Establishes whistleblower protections.
Package:
None
Companion:
Introducers:
BAKER, TSUTSUI, IHARA, TOKUDA, Ige, Menor, Fukunaga
Current Referral:
CPH, JDL
Date Status Text
1/17/2007SIntroduced and passed First Reading.
1/19/2007SReferred to CPH, JDL.

$ = Appropriation measure
ConAm = Constitutional Amendment

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