BILL · 2011–12 SESSION

HB 2185: Prearrangement trust funds

Concerning deposit and investment provisions for the prearrangement trust funds of cemetery authorities.

Summary

  • Modifies the types of financial institutions in which cemetery authorities and funeral establishments may deposit prearrangement trust funds.
  • Broadens the types of investments in which prearrangement trust moneys may be invested.
  • Applies the prudent investor rule to prearrangement trust funds.

From the House Bill Analysis 2012 (HB 2185), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 9, 2012
  2. Out of committeestopped here
  3. Passed House
  4. Passed Senate
  5. Governor
  6. Law
Prime sponsor
Derek Stanford (D-1)
Introduced
January 9, 2012 in the House
Last action
April 11, 2012
Companion bill
SB 6000
Budget
Has a fiscal note

AN ACT Relating to deposit and investment provisions for the prearrangement trust funds of cemetery authorities;

Sponsors

Prime sponsor: Derek Stanford (D-1)

2 co-sponsors (1 Democrat, 1 Republican)

Votes

No recorded floor votes. This measure never reached a floor vote.

History

  1. By resolution, reintroduced and retained in present status.
  2. By resolution, reintroduced and retained in present status.
  3. First reading, referred to Business & Financial Services.
  4. Prefiled for introduction.

HB 2185 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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