SB4145 - Tennessee: Cemeteries, Funeral Directors And Embalmers

Companion Bill HB4101. Funeral Directors and Embalmers - Revises the provision governing the use of funds that are received under the pre-need seller receivership laws. - Amends TCA Title 62, Chapter 5, Part 4. Fiscal Summary for SB4145 / *HB4101MINIMAL Bill Summary for SB4145 / *HB4101 Presently under the Tennessee Prepaid Funeral Benefits Act there is a pre-need funeral consumer protection account. Funds realized from a pre-need consumer protection fee that must be paid when a pre-need seller renews its registration are deposited in the account. The fee is $20.00 for every pre-need funeral sales contract entered into during the preceding renewal period. Present law requires that the moneys be used to fund the pre-need registration program and any receivership action initiated by the commissioner against a pre-need seller to the extent [...]

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