Attorney General proposes clampdown on charities

Attorney General Tom Reilly is proposing new regulations to tighten up control over money and benefits paid to employees and officers of charities. "Charities are not only essential to the well being of our citizens, they play an important role in our state's economy. This legislation is aimed at bringing more fiscal discipline to the charitable community, while at the same time allowing them to continue to do the important work that they do on so many fronts," he said.

The new regulations would limit private benefits to employees, officers, and directors of charities, and allow only reasonable compensation for their work. The proposals are being made following a number of high-profile cases where trustees of charities have paid themselves excessive salaries and benefits. The proposed regulations include provisions for stricter audit requirements and increased fines for violation of state charitable laws.

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