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Committee adopts substitute to streamline crowdfunding reporting in House Bill 505
House Technology and Innovation Committee · March 17, 2026
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Summary
The committee adopted substitute L-1361527-4 into House Bill 505 to streamline crowdfunding refunds, require reporting only for campaigns raising over $10,000, and move the statutes under the attorney general’s charitable law section.
Vice Chair Workman moved to amend House Bill 505 with substitute L-1361527-4. Workman said the substitute streamlines…
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