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2025 Session

Budget Amendments - SB800 (Member Request)

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Chief Patron: Williams Graves
Declinable Preneed Funeral Guarantee Fee (SB 989)

Item 285 #3s

Item 285 #3s

First Year - FY2025 Second Year - FY2026
Health and Human Resources
Department of Health Professions FY2025 $50,000 FY2026 $50,000 GF

Language
Page 357, line 13, strike "$49,901,385" and insert "$49,951,385".
Page 357, line 14, strike "$50,476,385" and insert "$50,526,385".


Explanation

(This amendment provides $50,000 each year from the general fund for the potential impact of Senate Bill 989, which amends the definition of "declinable preneed funeral guarantee fee" to specify that a declinable preneed funeral guarantee fee, when offered by a seller, shall not exceed 25.0 percent of the preneed supplies and services included in the funeral contract price.)