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S3300Senate2015-2016 SessionSame asA3095

Relates to the regulation of cemetery trust funds and finances by the cemetery board

Sponsor Michael H. RanzenhoferSD-61Affects Economy
Status
Signed by Governor
Impact
Pending
Outcome
Signed into law

Bill progress

Signed into law

What's happening

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Who cares

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Sponsors

Primary sponsor
Michael H. Ranzenhofer

Senator · Senate District 61

Chair, Corporations, Authorities And Commissions

No co-sponsors yet.

History

  1. Signed chap.539
  2. Delivered to governor
  3. Returned to senate
  4. Passed assembly
  5. Ordered to third reading rules cal.333
  6. Substituted for A3095
  7. Referred to corporations, authorities and commissions
  8. Delivered to assembly
  9. Passed senateVote 60–0
  10. Advanced to third reading
  11. 2nd report cal.
  12. 1st report cal.430
Show 1 earlier action
  1. Referred to corporations, authorities and commissions

Companion bill

The same bill in the other chamber. A bill becomes law when one version passes both houses and the governor signs it, so either number can carry it.

A3095Assembly

Relates to the regulation of cemetery trust funds and finances by the cemetery board

Assembly Floor Calendar · Sponsor James F. Brennan

Full text

The text isn't available here yet. Check nysenate.gov.

Sponsor's memo

BILL NUMBER:S3300

Title of bill

An act to amend the not-for-profit corporation law, in relation to regulation of cemetery trust funds and finances by the cemetery board

Purpose

This bill would modernize and streamline provisions of the Not-for-Profit Corporation Law to provide clear regulatory guidance to the New York State Cemetery Board in approvals of cemetery transactions and financial oversight. The State Cemetery Board is composed of the Secretary of State, Attorney General and Commissioner of Health or their designees.

Summary of provisions

Section 1 of the bill amends paragraph (a) of Section 1506 of Not-for-Profit Corporation Law to grant authority for the approval of the purchase of cemetery land to the State Cemetery Board. It eliminates the unnecessary and duplicative step of having this approval signed off on by the local Supreme Court after the State Cemetery Board has approved the transaction.

Section 2 of the bill amends Section 1507 of Not-for-Profit Corporation Law to grant the authority of the regulation of access to cemetery trust funds to the State Cemetery Board through application and review. This section further amends Section 1507 of Not-for-Profit Corporation Law to modernize the process of the designation of fiduciaries for cemeteries and require that notice shall provided to the State Cemetery Board for review.

Section 3 of the bill relates to the resale of a lot by a lot owner to reflect the current process in place and utilized by the State Cemetery Board.

Section 4 of the proposal indicates that this act shall take effect immediately.

Existing law

The Not-for-Profit Corporation Law regulating cemeteries does not currently reflect a modem and streamlined regulatory approach to cemetery regulation.

Justification

Existing statues related to cemetery regulation are duplicative and create unnecessary delays in the proper oversight of regulated cemetery entities. New York's regulated cemeteries are among the most supervised in the nation. The State Cemetery Board is already required to approve and be involved in the regulations of cemeteries addressed by this bill. This legislation would grant clear authority to the State Cemetery Board to regulate these entities.

Legislative history

2013-14 - S.4324-A/A.6383-A - PASSED SENATE/Corporations

Fiscal implications

None.

Effective date

This act shall take effect immediately.

Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.