HB72 Alabama 2020 Session

Summary

Primary Sponsor

K.L. Brown

Republican

Session

Regular Session 2020

Title

Board of Funeral Service, financial flexibility provided, bd. authorized to acquire, hold, and , convey real property, Funeral Board Property Acquisition Fund, established, Secs. 34-13-23, 34-13-27 am'd.

Summary

HB 72 would give the Alabama Board of Funeral Service authority to own real estate and create a dedicated Funeral Board Property Acquisition Fund to buy and manage property.

What This Bill Does

It amends the board’s authority to acquire, hold, and convey real property in its own name. It creates the Funeral Board Property Acquisition Fund in the State Treasury, with an initial transfer by October 1, 2020 and then annual transfers of 3% to 7% of the board’s receipts to fund property purchases. Proceeds from the sale of board-owned real property go back into this fund, and any unspent balance carries over each year; expenditures for property come from this fund, and the board’s operations remain self-funded from its receipts rather than being a state expense.

Who It Affects

• The Alabama Board of Funeral Service and its licensees, who gain authority to own property and rely on a dedicated fund to finance property purchases and improvements.
• The State Treasury and public finances, which will host the new Property Acquisition Fund, require annual transfers from the board’s receipts, and track property-related transactions without creating state debt.

Key Provisions

• The board may acquire, hold, and convey real property in its own name and may use funds from the Funeral Board Property Acquisition Fund for purchase, maintenance, or improvements; such transactions do not create debts or liabilities of the state.
• A Funeral Board Property Acquisition Fund is established within the State Treasury; funds are deposited and held to carry out property acquisition purposes; by Oct. 1, 2020, an initial transfer from the Alabama State Funeral Directors and Embalmers Fund will be made to start the fund, followed by annual transfers of 3–7% of the board’s receipts from the previous year.
• Proceeds from the sale of real property owned by the board, when distributed under applicable law, shall be paid to the board and deposited into the property acquisition fund.
• At the end of each fiscal year, unencumbered and unexpended balances in the fund carry over to the next year and are not reverted to the State General Fund.

AI-generated summary using openai/gpt-5-nano on Feb 22, 2026. May contain errors — refer to the official bill text for accuracy.

Subjects

Boards and Commissions