SB 147: Cemetery and Funeral Services; unitrust distribution method provisions; permit a cemetery to request a trusteeVoted on Monday March 20, 2017
John Pezold's thoughts
SB 147 expands the type of distribution that a cemetery can make from the required irrevocable trust fund to include the unitrust distribution payment method. The bill also gives authority to the Secretary of State to limit or prohibit any unitrust distributions where the investment practices have not resulted in sufficient protection of the perpetual care trust fund.More information on legis.ga.gov
The table below breaks down the total number of votes, and marks the majority vote.
|Did not vote||6||3.3%|