Mississippi Legislature
2005 Regular Session

House Bill 1483

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Bill Text

History of Actions

Background

Title

Description: Pre-need funeral contracts; revise certain regulations and require 100% trust of funds.

Bill Text: [Introduced]

History of Actions:

1 01/17 (H) Referred To Insurance
2 02/01 (H) Died In Committee

Background Information:

Effective dateJuly 1, 2005
DispositionDead
DeadlineGeneral Bill/Constitutional Amendment
RevenueNo
Vote type requiredThree/Fifths

House Committee:

Principal Author: Chism

Code Sections: A 075-0063-0053, A 075-0063-0055, A 075-0063-0057, A 075-0063-0059, A 075-0063-0065, A 075-0063-0067, A 075-0063-0069, A 075-0063-0071

Title: AN ACT TO AMEND SECTION 75-63-53, MISSISSIPPI CODE OF 1972, TO DEFINE CERTAIN TERMS UNDER THE PRE-NEED CEMETERY AND FUNERAL REGISTRATION ACT; TO AMEND SECTION 75-63-55, MISSISSIPPI CODE OF 1972, TO PROVIDE FOR COMBINATION OF TRUST AND INSURANCE FUNDED PRE-NEED CONTRACTS; TO AMEND SECTION 75-63-57, MISSISSIPPI CODE OF 1972, TO PROVIDE FOR BOOKS AND RECORDS REQUIREMENTS; TO AMEND SECTION 75-63-59, MISSISSIPPI CODE OF 1972, TO INCREASE THE AMOUNT IN TRUST IF THE PRE-NEED CONTRACT IS FUNDED BY A TRUST; TO AMEND SECTION 75-63-65, MISSISSIPPI CODE OF 1972, TO PROVIDE FOR RENEWAL OF REGISTRATION OF ESTABLISHMENTS AND PERSONS ENGAGED IN THE BUSINESS OF SELLING PRE-NEED CONTRACTS; TO AMEND SECTION 75-63-67, MISSISSIPPI CODE OF 1972, TO PROVIDE FOR AN ANNUAL REPORT FEE; TO AMEND SECTION 75-63-69, MISSISSIPPI CODE OF 1972, TO INCREASE THE MAXIMUM ADMINISTRATIVE AND CIVIL PENALTY TO TWENTY-FIVE THOUSAND DOLLARS; TO AMEND SECTION 75-63-71, MISSISSIPPI CODE OF 1972, TO AUTHORIZE DISCLOSURE OF INFORMATION IN THE INTEREST OF INFORMING THE PUBLIC; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 02/01/05 at 18:17.

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