TITLE: Relating to the administration of perpetual care trust funds.

SUMMARY: Relating to the administration of perpetual care trust funds.

FULL TEXT:
AN ACT relating to the administration of perpetual care trust funds. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Section 712.025, Health and Safety Code, is amended to read as follows: Sec. 712.025. USE OF FUND DISTRIBUTIONS. Fund distributions may be used only to provide the perpetual care described by the instrument that established the fund, including:(1) the expansion of the perpetual care cemetery; (2) the enhancement of the corporation's administrative capabilities with regard to maintaining and caring for the perpetual care cemetery; and (3) the general care and maintenance of the property entitled to perpetual care in the perpetual care cemetery. SECTION 2. This Act takes effect September 1, 2023.