SB2264 - Tennessee: Commerce And Insurance, Dept. Of, Funeral Directors And Embalmers, Titles, Short

Companion Bill HB2286. Funeral Directors and Embalmers - Enacts the "Tennessee Prepaid Funeral Benefits Act." - Amends TCA Title 56, Chapter 34 and Title 62, Chapter 5, Part 4. Fiscal Summary for SB2264 / *HB2286Increase State Revenues - $360,000 Recurring/Preneed Funeral Consumer Protection Account $110,400 Biennially $13,200 One-Time Increase State Expenditures - $55,200 Recurring $13,200 One-Time Bill Summary for SB2264 / *HB2286 This bill rewrites the present law provisions governing preneed funeral contracts. PRESENT LAW Under present law, any agreement, contract or plan requiring the payment of money in advance, whether in a lump sum or installments, which is made or entered into with any person, association, partnership, firm or corporation for the final disposition of a dead human [...]

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