“cemetery”

Cemetery Perpetual Care Fund Modernization Act

This bill rewrites how cemeteries must fund and report their perpetual care trusts. It raises the minimum amount set aside from each sale and adds a mandatory annual third-party audit that becomes public record. Cemetery operators will face higher upfront set-asides and new disclosure obligations.

We're supporting SB 892 with amendments. The audit requirement is long overdue — families buying burial rights deserve to know their perpetual care money is safe. Our position: raise the disclosure threshold further and include digital portals for beneficiary access.

Green burial plot sales at Lakeview are up 180% since we opened the conservation section. Waiting list through 2027. If you're a cemetery operator not looking at this segment, you're missing a real market shift. HB 4789 would help us expand — the NOR framework especially.