Honorable Angie Chen Button, Chair, House Committee on Urban Affairs
FROM:
John McGeady, Assistant Director Sarah Keyton, Assistant Director Legislative Budget Board
IN RE:
HB2812 by Morrison (Relating to the use by certain municipalities of a perpetual trust fund for a cemetery.), As Introduced
No fiscal implication to the State is anticipated.
The bill would amend the Health and Safety Code to authorize certain municipalities to abolish the municipality's perpetual trust fund for a cemetery and use the fund, including both principal and interest, for permanent improvements to the cemetery.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.