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FL S0512

Bill

Status

Failed

5/2/2014

Primary Sponsor

Regulated Industries

Click for details

Origin

Senate

2014 Regular Session

AI Summary

  • Adds exemption from cemetery regulations for religious institution-owned cemeteries between 5 and 60 acres that limit burials to members and their families.

  • Requires exempt religious cemeteries to maintain annual certification showing separate account funds sufficient for maintenance costs and preneed agreements, with minimum balances of $1 million for cemeteries up to 30 acres and $2 million for cemeteries up to 60 acres.

  • Extends preneed license exemption to religious cemeteries under the new exemption category, removing obsolete population-based county requirements that previously applied.

  • Clarifies that preneed exemptions apply to religious cemeteries maintaining positive net worth at the end of each fiscal year.

  • Effective date: July 1, 2014.

Legislative Description

Cemeteries

Last Action

Died in Banking and Insurance

5/2/2014

Committee Referrals

Banking and Insurance3/18/2014
Regulated Industries12/18/2013

Full Bill Text

No bill text available