1997 Regular Session

HOUSE BILL 558

File Code: Business Regulation and Occupations Crossfiled with: SENATE BILL 471
Sponsored By:
Delegates Morhaim, Harrison, and Muse (Task Force to Examine the State's Cemetery and Funeral Industry) and Delegates Pitkin, Finifter, DeCarlo, Frank, Holt, Kittleman, and M. Burns
Entitled:
Morticians and Cemeteries - Preneed Contracts - Trust and Escrow Requirements

Synopsis:

Changing the trust and escrow requirements for specified sellers of preneed contracts for funeral and cemetery goods and services; providing that a buyer of a preneed burial contract may receive a refund at any time; providing for the distribution of accrued income between the buyer and seller of a preneed contract; requiring sellers of preneed contracts to provide specified disclosures and price lists to buyers; specifying reporting requirements for specified sellers of preneed contracts; etc.

Legislative History

House Action
1/29
First Reading Economic Matters
2/4
Hearing 2/20 at 1:00 p.m.
3/3
Unfavorable Report by Economic Matters
Senate Action
No Action
Sponsored by:
Delegate Dan K. Morhaim, District 11
Delegate Michael W. Burns, District 32
Cemetery & Funeral Ind., T. F. to Examin e th
Delegate Diane DeCarlo, District 6
Delegate Michael J. Finifter, District 11
Delegate Robert L. Frank, District 11
Delegate Hattie N. Harrison, District 45
Delegate Kenneth C. Holt, District 6
Delegate Robert H. Kittleman, District 14B
Delegate C. Anthony Muse, District 26
Delegate Joan B. Pitkin, District 23
Bill indexed under the following Subjects:
AUDITORS AND AUDITS
CEMETERIES
CONSUMER PROTECTION -see also- ADVTG.; LABELING; WARRANTIES.
CONTRACTS -see also- LAND INSTALLMENT CONTRACTS; PROCUREMENT
DISCLOSURE
ESCROW ACCOUNTS
FUNERALS
INTEREST
MORTICIANS
PRICES
REPORTS -see also- RECORDS
TITLES
Bill affects the following Statutes:
Business Regulation
( 5-401 , 5-404 , 5-405 , 5-409 , 5-410 )
Health Occupations
( 7-405 , 7-405 )

Documents:

Bill Text:
First Reading (PDF), Third Reading, Enrolled
Fiscal Note: Available (PDF)