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CT SB00189

Bill

Official Source

Status

Passed

5/6/2016

Primary Sponsor

General Law Committee

Click for details

Origin

Senate

2016 General Assembly

AI Summary

  • Increases the maximum amount for irrevocable funeral service contracts from $5,400 to $8,000, effective July 1, 2016
  • Requires that all interest, growth, or dividends accumulated in escrow accounts or life insurance policies remain inaccessible to the beneficiary until their death
  • Allows irrevocable funeral service contracts to be transferred between funeral service establishments at the request of the beneficiary or their legal representative
  • Permits individuals to purchase both irrevocable and revocable funeral service contracts, with revocable contracts purchased by Medicaid beneficiaries only revocable through written notice to the Commissioner of Social Services

Legislative Description

An Act Concerning Irrevocable Funeral Service Contracts.

Last Action

Signed by the Governor

5/6/2016

Committee Referrals

General Law2/18/2016

Full Bill Text

No bill text available