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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
Bill Summary

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.)

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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