Florida Senate - 2014 COMMITTEE AMENDMENT Bill No. SB 512 Ì647114ÄÎ647114 LEGISLATIVE ACTION Senate . House Comm: RCS . 03/17/2014 . . . . ————————————————————————————————————————————————————————————————— ————————————————————————————————————————————————————————————————— 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.