BILL · 2011–12 SESSION · LATEST VERSION SHB 2360

HB 2360: Prearrangement trust funds

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

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 and applies the prudent investor rule to prearrangement trust funds.

From the Substitute House Bill Report (SHB 2360), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 206, Laws of 2012
  1. IntroducedJan 12, 2012
  2. Out of committeeJan 24, 2012
  3. Passed HouseFeb 1, 2012
  4. Passed SenateMar 1, 2012
  5. GovernorMar 30, 2012
  6. LawMar 30, 2012
Prime sponsor
Derek Stanford (D-1)
Introduced
January 12, 2012 in the House
Last action
March 30, 2012
Session law
Chapter 206, Laws of 2012
Versions
HB 2360, SHB 2360

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

Sponsors

Prime sponsor: Derek Stanford (D-1)

2 co-sponsors (1 Democrat, 1 Republican)

Votes

House · Final Passage

Passed February 1, 2012
Version voted on: SHB 2360
96 Yea 0 Nay 0 Absent 2 Excused
PartyYeaNayAbsentExcused
Democrat55001
Republican41001
How each member voted

Yea (96)

Excused (2)

Senate · 3rd Reading & Final Passage

Passed March 1, 2012
Version voted on: SHB 2360
48 Yea 0 Nay 0 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat27000
Republican21001
How each member voted

History

  1. Effective date 6/7/2012. (SHB 2360)
  2. Chapter 206, 2012 Laws. (SHB 2360)
  3. Governor signed. (SHB 2360)
  4. Delivered to Governor. (SHB 2360)
  5. President signed. (SHB 2360)
  6. Speaker signed. (SHB 2360)
  7. Third reading, passed; yeas, 48; nays, 0; absent, 0; excused, 1. (SHB 2360)
  8. Rules suspended. Placed on Third Reading. (SHB 2360)
  9. Placed on second reading by Rules Committee. (SHB 2360)
  10. Passed to Rules Committee for second reading. (SHB 2360)
  11. GO - Majority; do pass. (SHB 2360)
  12. First reading, referred to Government Operations, Tribal Relations & Elections. (SHB 2360)
  13. Third reading, passed; yeas, 96; nays, 0; absent, 0; excused, 2. (SHB 2360)
  14. Rules suspended. Placed on Third Reading. (SHB 2360)
  15. 1st substitute bill substituted. (SHB 2360)
  16. 1st substitute bill substituted.
  17. Placed on second reading suspension calendar. (SHB 2360)
  18. Rules Committee relieved of further consideration. (SHB 2360)
  19. Rules Committee relieved of further consideration.
  20. Placed on second reading suspension calendar.
  21. Referred to Rules 2 Review. (SHB 2360)
  22. Referred to Rules 2 Review.
  23. BFS - Majority; 1st substitute bill be substituted, do pass. (SHB 2360)
  24. BFS - Executive action taken by committee.
  25. BFS - Majority; 1st substitute bill be substituted, do pass.
  26. First reading, referred to Business & Financial Services.

HB 2360 in other sessions

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

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