Establishes a compensation account for victims of unlawful funeral service practices.

The bill establishes a separate, nonlapsing account called the "funeral service compensation account" to compensate victims of unlawful funeral service practices. The account will contain state appropriations, required deposits, and gifts or grants, with a cap of two percent of the account balance in any fiscal year. The Commissioner of Consumer Protection will use the funds to issue grants, with the State Treasurer administering the account. The act will take effect on July 1, 2026.

Establishes a compensation account for victims of unlawful funeral service practices.

The bill establishes a separate, nonlapsing account called the "funeral service compensation account" to compensate victims of unlawful funeral service practices. The account will contain state appropriations, required deposits, and gifts or grants, with a cap of two percent of the account balance in any fiscal year. The Commissioner of Consumer Protection will use the funds to issue grants, with the State Treasurer administering the account. The act will take effect on July 1, 2026.