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HB18-1440

Preneed Funeral Contract Sellers

Concerning preneed funeral contract sellers, and, in connection therewith, making an appropriation.
Session:
2018 Regular Session
Subject:
Insurance

The bill:

  • Creates the preneed relief fund to provide restitution to preneed contract buyers;
  • Requires funeral establishments to identify the individuals who sell preneed funeral contracts at, or on behalf of, the establishment; and
  • Requires that all registered funeral establishments also be licensed as preneed contract sellers.

$28,403 is appropriated from the division of insurance cash fund to the department of regulatory agencies to implement the bill.


(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)

Status

Introduced
Lost

Bill Text

Sponsors

Sponsor Type Legislators
Prime Sponsor

Rep. D. Valdez
Sen. D. Coram, Sen. N. Todd

Sponsor

Co-sponsor

Rep. M. Catlin, Rep. P. Rosenthal, Rep. J. Salazar