HB 1005 modifies Washington state regulations governing prearrangement funeral service contracts. The bill increases the percentage of prepaid funeral service funds that funeral establishments must place in trust from 90 percent to 80 percent, allowing them to retain up to 20 percent instead of 10 percent. It clarifies that funeral merchandise delivered within 30 days of sale and transportation protection agreements are excluded from trust requirements. The bill also updates related definitions, including specifying that "transportation protection agreement" covers coordination of professional services for transportation of human remains, and maintains existing contract requirements such as full refunds for cancellations within 30 days and detailed contract language disclosures.