Professions and Occupations - As enacted, revises provisions related to the special account in the general fund known as the "pre-need funeral account"; makes related changes. - Amends TCA Section 62-5-414.

This bill updates the rules for Tennessee's pre-need funeral account, which holds money from people who pay for their own funerals in advance. It establishes a minimum balance of one million dollars in the account and allows the state to raise a specific administrative fee to up to twenty dollars if that balance falls below the limit. The law also clarifies how interest earned on the account's investments must be kept within the fund and defines how fees are charged for contracts that include both funeral and cemetery services. Additionally, the bill provides legal protection for state officials acting on behalf of the program and sets the effective date for these changes to January 1, 2025.