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#caleg nerds who appreciate a thorough & thought-provoking cmte analysis that breaks down a wonky issue into why it really matters: I recommend Asm Judiciary's analysis of #AB1712 by @BuffyWicks for your Sun reading pleasure: leginfo.legislature.ca.gov/faces/billAnal… cc @AnandWrites #DAFs👇👇
Selected excerpts from #AB1712 @BuffyWicks analysis: #DAFs: "a donor-advised fund is a form of charitable giving whereby a donor makes a charitable contribution to a fund that is managed by a fund sponsor." /1
"While the assets in the fund are technically no longer controlled by the donor, typically, the fund sponsor permits the donor to direct the sponsor’s charitable giving activities originating with the assets in the fund." #AB1712 /2
