TN HB0713

Cemeteries

Passed House Rebecca Alexander (R)
Plain English Summary

Tennessee HB0713 updates laws concerning cemeteries by changing how the fair market value of improvement care trust funds is calculated. It also ensures that cemetery companies cannot charge more for the ongoing care of memorials than they charged for their installation. Additional adjustments related to cemetery operations are included in the bill.

Supporters Say

Supporters of HB0713 would argue that the bill provides clearer regulations for cemetery companies, promoting fairness in pricing for memorial care services. They may highlight that the changes help protect consumers by ensuring costs are transparent and reasonable.

Critics Say

Critics of HB0713 might contend that the bill could limit the financial flexibility of cemetery companies, potentially impacting their ability to maintain and improve services. They may also express concerns that the regulations could lead to unintended consequences that hinder cemetery operations.

Conflict of Interest Analysis Personal Interests
8/10
Risk Level
High
Policy Area
Housing and Community Development
Industry Overlap
0%
Personal Conflicts
0 found

Representative Rebecca Alexander, the sponsor of HB0713, has significant personal financial interests that align closely with the subject matter of the bill. As the owner of Dillow-Taylor Funeral Home and a funeral director, she operates within the funeral and cemetery industry. The bill directly affects the financial operations of cemeteries by changing how the fair market value of improvement care trust funds is calculated and by regulating fees charged by cemetery companies. These changes could potentially impact the financial performance of funeral homes and related businesses by altering cost structures and revenue streams associated with cemetery services. Given her role as a funeral director and her ownership of a funeral home, there is a direct alignment between her personal financial interests and the potential impacts of the bill, suggesting a high risk of conflict of interest.

Sponsor's Personal Financial Interests

Unlike federal analysis based on campaign donations, state analysis examines legislators' personal financial interests — their jobs, businesses, and investments.

Type Description Industry Source
Occupation Owner of a small business AI-researched
Employer Owner of a small business TN Legislature bio
Employer DILLOW- TAYLOR FUNERAL HOME TN Ethics Commission
Employer STORY TELLING/MOTIVATIONAL SPEAKING TN Ethics Commission
Employer MODERN WOODMAN TN Ethics Commission
Employer SS TN Ethics Commission
Asset JACKSON NATL LIFE; MODERN WOODMAN; FARM BUREAU TN Ethics Commission
Asset MOUNTAIN COMMERCE BANK; NORTHWESTERN MUTUAL; RAYMOND JAMES; FIRST TN HORIZON BANK; AMERITAS; EASTMAN CREDIT UNION TN Ethics Commission
Occupation Other, FUNERAL DIRECTOR; INSURANCE PRODUCER FOR PRE NEED; SALES AGENT FOR PRE NEED TN Ethics Commission

Items marked "AI-researched" are generated from public sources but have not been independently verified. Verified data is sourced from official legislature websites and disclosure filings.

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About This Analysis

This summary was generated using AI from the bill's official text and metadata. Data sourced from LegiScan and the Tennessee General Assembly. Conflict analysis examines the sponsor's personal financial interests for potential overlaps with the bill's subject matter.