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	Amend HB 1468 (house committee printing) by inserting the 
following appropriately numbered SECTION and renumbering 
subsequent SECTIONS accordingly:
	SECTION ____.  Subchapter F, Chapter 154, Finance Code, is 
amended by adding Section 154.265 to read as follows:
	Sec. 154.265.  DEFAULT UNDER CERTAIN CONTRACTS.  (a)  
Notwithstanding any other law, the purchaser of a trust-funded 
prepaid funeral benefits contract may not be considered in default 
under the contract if:
	(a-1)  the purchaser has paid at least 85 percent of the 
contract price and;
	(a-2)  the purchaser was unable to pay due to extenuating 
financial circumstances.
	(b)  A funeral provider is not required to provide funeral 
merchandise or services under a trust-funded prepaid funeral 
benefits contract unless any remaining balance, including any 
applicable finance charge, owed under the contract is paid before 
the funeral service or the funeral provider agrees in writing to 
another payment arrangement.
	(c)  This section does not affect a purchaser's right to 
cancel a trust-funded prepaid funeral benefits contract.
	SECTION ____.  Section 154.265, Finance Code, as added by 
this Act applies only to a contract that is entered into on or after 
the effective date of this Act.  A contract entered into before the 
effective date of this Act is governed by the law in effect on the 
date the contract was entered into, and the former law is continued 
in effect for that purpose.