NOTE: As provided in LFC policy, this report is intended for use by the standing finance committees of the legislature.  The Legislative Finance Committee does not assume responsibility for the accuracy of the information in this report when used in any other situation.



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F I S C A L I M P A C T R E P O R T





SPONSOR: Jennings DATE TYPED: 01/26/01 HB
SHORT TITLE: Municipal Liability for Cemeteries SB 83
ANALYST: Padilla


APPROPRIATION



Appropriation Contained
Estimated Additional Impact
Recurring

or Non-Rec

Fund

Affected

FY01 FY02 FY01 FY02

NFI



(Parenthesis ( ) Indicate Expenditure Decreases)



SOURCES OF INFORMATION



LFC files

Regulation and Licensing Department (RLD)



SUMMARY



Synopsis of Bill



Senate Bill 83 makes statutory changes to limit liability to municipalities or to cemetery boards when they acquire cemeteries which have no records.



Significant Issues



In cases where a cemetery board acquires a cemetery whose records do not exist, the board or the affected municipality could not be held liable for any liabilities of the prior owners.



FISCAL IMPLICATIONS



This bill contains no appropriation and has no fiscal impact.



ADMINISTRATIVE IMPLICATIONS



RLD notes that RLD's Financial Institutions' Division regulates only endowed care cemeteries. This bill would limit the liability of RLD's licensees who accept cemeteries with non-existent records. RLD notes that this would not affect the Financial Institution's Division or RLD's regulation of the licensee.





SUBSTANTIVE ISSUES



The bill does not require any explanation or documentation of the loss or destruction of a cemetery's records. It is unclear whether the prior owner would retain any liabilities or if they would effectively escape from liability as a result of the transfer.



LP/ar