Business & Labor

(See also Professions and Occupations)

 

SB 52(1) (Stipe/Mass): Allows unincorporated cemetery associations to apply to the State Bank Commissioner to maintain a perpetual care fund. If they are approved by the Commissioner, they must abide by all provisions of the Perpetual Care Fund Act. Effective 5-25-99

SB 55(1) (Long/Fields): Repeals the requirement that private vocational schools contribute to the Tuition Recovery Fund, a fund that was established in 1992 to cover tuition losses students might incur when a private vocational school closes. Requires that private vocational schools post bonds or letters of credit to cover tuition losses. Allows the fund to remain in place until July 1, 2000, to be applied to present claims for tuition losses. Removes flight schools that are governed by the Federal Aviation Administration from definition of private vocational school. Effective 7-1-99

SB 75(1) (Weedn/Hilliard): Provides a means for dissolving unincorporated burial associations. If the members vote to dissolve, the officers notify the State Board of Embalmers and Funeral Directors and give the board a list of the names and last-known addresses of the beneficiaries. When all the debts, liabilities, and obligations of the association are discharged, the officers notify the board and the association ceases to exist. Effective 11-1-99

SB 259(1) (Fisher/Roach): Section 1 relates to the state's unemployment compensation program. It extends for another two years the temporary employer tax rate reduction, which the Legislature granted in 1997 and deepened in 1998. The reduction thus will expire December 31, 2001. It also takes out language that is irrelevant for the economic conditions of the current period. [See the Economic Development section of this document and the Tornado Relief Brief for comments on other matters that were addressed in SB 259.] Effective 7-1-99.

SB 340(1) (Helton/Braddock): Prohibits vehicle manufacturers and distributors from unreasonably withholding approval of transfer of a franchise when a dealership is sold, transferred, or assigned. Effective 4-27-99

HB 1102(1) (Matlock/Leftwich): Requires the Used Motor Vehicle and Parts Commission to promulgate rules requiring manufactured home manufacturers to issue warranties. The manufacturers also must obtain a $750 license from the Commission and file a $30,000 bond with the Commission. The bond "shall require the availability of prompt and full warranty service by the manufacturer to comply with all warranties expressed or implied in connection with each manufactured home which is manufactured for resale in this state. Effective 7-1-99

HB 1663(1) (Hilliard/Weedn): Authorizes funeral establishments that are holding in trust monies that have been paid in advance for funerals to convert the trust funds to prepaid instruments that are covered by insurance. The purchaser or holder of the trust-fund contract must be notified and given the right to refuse the conversion, and conversions not refused must be approved by the state Insurance Commissioner. Effective 7-1-99


(1) Passed, signed by Governor (2) Passed, pending Governor's approval/disapproval (3) Vetoed by Governor
(4) Pending in Legislature (5) Failed in Legislature (6) Enrolled with the Sec. of State



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