Florida Senate - 2014                        COMMITTEE AMENDMENT
       Bill No. SB 512
       
       
       
       
       
       
                                Ì647114ÄÎ647114                         
       
                              LEGISLATIVE ACTION                        
                    Senate             .             House              
                  Comm: RCS            .                                
                  03/17/2014           .                                
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       following:
       
    1         Senate Amendment 
    2  
    3         Delete lines 19 - 25
    4  and insert:
    5         (j) A cemetery, including all associated mausoleums and
    6  columbaria, which is larger than 5 acres but does not exceed 60
    7  acres and which is owned by a religious institution, if the
    8  religious institution:
    9         1. Limits burial rights in the cemetery to members of the
   10  religious institution and their families; and
   11         2. Provides an annual certification to the department that
   12  it maintains funds in a separate account which are sufficient to
   13  cover maintenance costs and preneed agreements. The separate
   14  account must be maintained with a financial institution, as
   15  defined in s. 280.02, and may only be used for such purposes.
   16  The annual certification must be made under oath and identify
   17  the financial institution and the account number where the funds
   18  are maintained. The account must maintain the following minimum
   19  balance:
   20         a. For cemeteries that are larger than 5 acres but do not
   21  exceed 30 acres, $1 million.
   22         b. For cemeteries that are larger than 30 acres but do not
   23  exceed 60 acres, $2 million.