History of Actions | Background | Title |
Description: Preneed funeral services; require licensing of entities selling.
1 | 01/10/97 | (H) | Referred To Insurance | |
2 | 02/04/97 | (H) | Died In Committee |
Effective date | July 1, 1997 | |
Disposition | Dead | |
Deadline | General Bill/Constitutional Amendment | |
Revenue | No | |
3/5ths vote required | Yes |
House Committee:
Principal Author: Stevens
Additional Author: Montgomery
Code Sections: A 075-0063-0003, A 075-0063-0017, A 075-0063-0018
Title: AN ACT TO AMEND SECTION 75-63-3, MISSISSIPPI CODE OF 1972, TO INCREASE THE TRUST FUND DEPOSIT REQUIRED OF ENTITIES SELLING CERTAIN PRENEED FUNERAL SERVICE CONTRACTS; TO CREATE NEW CODE SECTION 75-63-6, MISSISSIPPI CODE OF 1972, TO REQUIRE THE LICENSING OF ENTITIES SELLING PRENEED AND PREARRANGEMENT FUNERAL SERVICE CONTRACTS; TO CREATE NEW CODE SECTION 75-63-16, MISSISSIPPI CODE OF 1972, TO PROVIDE THE REQUIREMENTS FOR PRENEED FUNERAL SERVICE CONTRACTS; TO AMEND SECTION 75-63-17, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT PRENEED, PREARRANGEMENT TRUSTS SHALL BE ADMINISTERED UNDER THE JURISDICTION OF THE STATE BOARD OF FUNERAL SERVICE; TO AMEND SECTION 75-63-18, MISSISSIPPI CODE OF 1972, TO REQUIRE ESTABLISHMENTS SELLING PRENEED, PREARRANGEMENT FUNERAL SERVICE CONTRACTS AND AGREEMENTS TO FILE CERTAIN ANNUAL REPORTS WITH THE STATE BOARD OF FUNERAL SERVICE; TO CREATE NEW CODE SECTION 75-63-20, MISSISSIPPI CODE OF 1972, TO REQUIRE THAT SELLERS OF PRENEED, PREARRANGEMENT FUNERAL SERVICE CONTRACTS SHALL PAY A CERTAIN FEE FOR EACH CONTRACT SOLD FOR DEPOSIT IN A SPECIAL RECOVERY FUND HELD BY THE STATE BOARD OF FUNERAL SERVICE; AND FOR RELATED PURPOSES.
End Of Document
1997/History/HB\HB0997.htm