HB 2290 -- ASSET EXEMPTION FOR CERTAIN PREARRANGED FUNERAL AND
BURIAL CONTRACTS (Wasson)

COMMITTEE OF ORIGIN:  Special Committee on Professional
Registration and Licensing

This bill specifies that in determining eligibility and the
amount of benefits to be granted under federally aided state
public assistance programs, the value of any life insurance
policy where a seller or provider is made the beneficiary or the
policy is assigned to a seller or provider, either being in
consideration for an irrevocable prearranged funeral contract
under Chapter 436, RSMo, will not be taken into account or
considered an asset of the beneficiary named in the irrevocable
prearranged funeral contract.

FISCAL NOTE:  No impact on state funds in FY 2011, FY 2012, and
FY 2013.

Missouri House of Representatives
95th General Assembly, 2nd Regular Session
Last Updated September 14, 2010 at 3:13 pm