Bill Text: TX HB3252 | 2023-2024 | 88th Legislature | Engrossed
Bill Title: Relating to the administration of perpetual care trust funds.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Engrossed - Dead) 2023-05-10 - Referred to Business & Commerce [HB3252 Detail]
Download: Texas-2023-HB3252-Engrossed.html
88R19716 EAS-F | ||
By: Meza | H.B. No. 3252 |
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relating to the administration of perpetual care trust funds. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 712.025, Health and Safety Code, is | ||
amended to read as follows: | ||
Sec. 712.025. USE OF FUND DISTRIBUTIONS. Fund distributions | ||
may be used only to provide the perpetual care described by the | ||
instrument that established the fund, including: | ||
(1) the expansion of the perpetual care cemetery; | ||
(2) the enhancement of the corporation's | ||
administrative capabilities with regard to maintaining and caring | ||
for the perpetual care cemetery; and | ||
(3) the general care and maintenance of the property | ||
entitled to perpetual care in the perpetual care cemetery. | ||
SECTION 2. This Act takes effect September 1, 2023. |