Consolidates and modifies the duties of the cemetery board and the board of funeral directors and embalmers into one board to be known as the funeral and cemetery board.

Consolidates the funeral directors and embalmers account and the cemetery account into one account to be known as the funeral and cemetery account.

Requires the state treasurer to transfer any residual balance of funds remaining in the funeral directors and embalmers account and the cemetery account to the funeral and cemetery account after being notified by the office of financial management that it has completed the financial statement for fiscal year 2009, and no later than December 31, 2009.