Legislation
- Title
- Cemeteries - Perpetual Care - Distribution From Perpetual Care Trust Fund
- Sponsored by
- Delegates Krebs, Bagnall, Charles, Cullison, Kelly, Kerr, Kipke, R. Lewis, Saab, Bhandari, Chisholm, Hill, Johnson, Morgan, Pena-Melnyk, Pendergrass, Reilly, Szeliga, and K. Young
- Status
- In the Senate - First Reading Finance
- Analysis
- Fiscal and Policy Note (Revised)
Synopsis
Requiring a distribution from a perpetual care trust fund made under certain circumstances to be used only for the perpetual care of the cemetery, including the maintenance of the grounds, roads, and paths and the repair and renewal of buildings; permitting a cemetery to select a certain method of distribution; requiring a cemetery to submit to the Director of the Office of Cemetery Oversight a statement attesting that the cemetery's method of distribution will not result in insufficient protection of the trust fund's principal; etc.
Committees
- Opposite:
- Finance
Committee Testimony
Details
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5-603 )
Last Updated: 9/22/2020 1:41 PM