| Be it enacted by the People of the State of Maine as follows: |
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| | Sec. 1. 9 MRSA §5002, as amended by PL 1999, c. 386, Pt. A, §1, is | further amended to read: |
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| | It is the intent of the Legislature to require the | registration and financial reporting of charitable organizations, | professional solicitors, professional fund-raising counsel and | commercial co-venturers and the registration and bonding of | professional fund-raising counsel solicitors and commercial co- | venturers and the registration of professional solicitors. |
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| | Sec. 2. 9 MRSA §5003, sub-§3, as amended by PL 2003, c. 541, §2, is | further amended to read: |
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| | 3. Commercial co-venturer. "Commercial co-venturer" means any | person who, for profit, is regularly and primarily engaged in | trade or commerce in this State, other than in connection with | the raising of funds for charitable organizations or purposes, | and who conducts a sale, performance, event or collection and | sale of donated goods that is advertised in conjunction with the | name of any charitable organization. Any such person who will | benefit in good will only may not be considered a commercial co- | venturer if the collection and distribution of the proceeds of | the sale, performance or event, or the collection and sale of | donated goods, are supervised and controlled by the benefiting | charitable organization. Any such person whose annual | contributions to charitable organizations do not exceed $10,000 | is exempt from the registration requirement under section 5002. |
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| | Sec. 3. 9 MRSA §5003, sub-§4, ¶A, as enacted by PL 1977, c. 488, §1, | is amended to read: |
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| A. Payments by members of an organization for membership | fees, dues, fines or assessments, or for services rendered | to individual members, if membership in the organization | confers a bona fide right, privilege, professional standing, | honor or other direct benefits, other than the right to | vote, elect officers or hold offices; or |
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| | Sec. 4. 9 MRSA §5003, sub-§4, ¶B, as enacted by PL 1977, c. 488, §1, | is amended to read: |
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| B. Money or property received from any governmental | authority.; or |
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| | Sec. 5. 9 MRSA §5003, sub-§4, ¶C is enacted to read: |
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