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90_HB2435ham001 LRB9008386NTsbam 1 AMENDMENT TO HOUSE BILL 2435 2 AMENDMENT NO. . Amend House Bill 2435 on page 1, 3 lines 2 and 6, by replacing "9" each time it appears with 4 "15b"; and 5 on page 1, by replacing lines 17 through 30 with the 6 following: 7 ""Care" means the maintenance of a cemetery and of the 8 lots, graves, crypts, niches, family mausoleums, memorials, 9 and markers therein; including: (i) the cutting and trimming 10 of lawn, shrubs, and trees at reasonable intervals; (ii) 11 keeping in repair the drains, water lines, roads, buildings, 12 fences, and other structures, in keeping with a well 13 maintained cemetery; (iii)also overhead expense necessary14for such purposes, includingmaintenance of machinery, tools, 15 and equipment for such care; (iv) compensation of employees, 16 payment of insurance premiums, and reasonable payments for 17 employees pension and other benefits plans; and (v) to the 18 extent surplus income from the care fund is available, the 19 payment of overhead expenses necessary for such purposes,and 20 for maintaining necessary records of lot ownership, 21 transfers, and burials."; and 22 on page 4, by replacing lines 14 through 33 with the 23 following: -2- LRB9008386NTsbam 1 "(760 ILCS 100/15b) 2 Sec. 15b. Sales; liability of purchaser for shortage. 3 In the case of a sale of any privately operated cemetery 4 or any part thereof or of any related personal property by a 5 cemetery authority to a purchaser or pursuant to foreclosure 6 proceedings, except the sale of burial rights, services, or 7 merchandise to a person for his or her personal or family 8 burial or interment, the purchaser is liable for any 9 shortages existing before or after the sale in the care funds 10 required to be maintained in a trust pursuant to this Act and 11 shall honor all instruments issued under Section 4 for that 12 cemetery. Any shortages existing in the care funds constitute 13 a prior lien in favor of the trust for the total value of the 14 shortages, and notice of such lien shall be provided in all 15 sales instruments. 16 In the event of a sale or transfer of all or 17 substantially all of the assets of the cemetery authority, 18 the sale or transfer of the controlling interest of the 19 corporate stock of the cemetery authority if the cemetery 20 authority is a corporation, or the sale or transfer of the 21 controlling of the partnership if the cemetery authority is a 22 partnership, the cemetery authority shall, at least 21 days 23 prior to the sale or transfer, notify the Comptroller, in 24 writing, of the pending date of sale or transfer so as to 25 permit the Comptroller to audit the books and records of the 26 cemetery authority. The audit must be commenced within 5 27 business days of the receipt of the notification and 28 completed within the 21 day notification period unless the 29 Comptroller notifies the cemetery authority during that 30 period that there is a basis for determining a deficiency 31 which will require additional time to finalize. The sale or 32 transfer may not be completed by the cemetery authority 33 unless and until: 34 (a) The Comptroller has completed the audit of the -3- LRB9008386NTsbam 1 cemetery authority's books and records; 2 (b) Any delinquency existing in the care funds has 3 been paid by the cemetery authority, or arrangements 4 satisfactory to the Comptroller have been made by the 5 cemetery authority on the sale or transfer for the 6 payment of any delinquency; 7 (c) The Comptroller issues a new cemetery care 8 license upon application of the newly controlled 9 corporation or partnership, which license must be applied 10 for within 30 days of the anticipated date of the sale or 11 transfer, subject to the payment of any delinquencies, if 12 any, as stated in item (b) above. 13 For purposes of this Section, a person, firm, 14 corporation, partnership, or institution that acquires the 15 cemetery through a real estate foreclosure shall be subject 16 to the provisions of this Section. The sale or transfer of 17 the controlling interest of a cemetery authority to an 18 immediate family member is not subject to the license 19 application process required in item (c) of this Section. 20 (Source: P.A. 88-477.) 21 Section 99. Effective date. This Act takes effect upon 22 becoming law."; and 23 by deleting pages 5 through 7.