Honorable Helen Giddings, Chair, House Committee on Business & Industry
FROM:
John Keel, Director, Legislative Budget Board
IN RE:
HB904 by Mowery (Relating to certain nonprofit cemetery corporations.), As Introduced
No fiscal implication to the State is anticipated.
The bill provides exceptions to the rights of cemetery plot owners to be shareholders of nonprofit cemetery corporations in cases where the corporation was formed before September 1, 1963. The change would not impact the state budget.
Local Government Impact
No fiscal implication to units of local government is anticipated.