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AR HB1841
Bill
Status
4/16/2013
Primary Sponsor
Marshall Wright
Click for details
AI Summary
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Municipal police departments are authorized (changed from required) to charge a $20.00 fee for taking and entering bail or delivery bonds.
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The administrative and regulatory fee charged by bail bond companies, sheriffs, and jail keepers to the Bail Bondsman Board Fund increases from $10.00 per bond effective April 1, 1993 to $10.00 per bond effective July 1, 2013, with fees deposited into the Bail Bondsman Board Fund and Domestic Peace Fund.
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Two new fees are established: a $6.00 per bond fee for the Arkansas Counties Alcohol and Drug Abuse and Crime Prevention Program Fund, and a $4.00 per bond fee for the Bail Bond Recovery Fund to be used for forfeited professional bond recovery.
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The bill establishes the Bail Bondsman Board Fund, Arkansas Sheriffs' Association Education Fund, and Bail Bond Recovery Fund as special revenue funds to receive and manage collected fees.
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Reporting and payment deadlines are set for quarterly reports within 15 days of each quarter end, with $100 per day penalties for delinquent payments, and annual reconciliations due by February 15.
Legislative Description
Concerning Fees For Bail Bonds.
Last Action
Notification that HB1841 is now Act 1283
4/16/2013