AR HB1108

Appropriates $395,536 from the Bail Bondsman Board Fund for the Professional Bail Bondsman Licensing Board's operations for fiscal year 2016-2017, including $172,324 in regular salaries for 4 employees and $223,212 in operating expenses.

Appropriates $500,000 from State Treasury cash for processing security deposits and paying outstanding judgments of bail bonds companies that cease operations.

Appropriates $3,500,000 from the Bail Bond Recovery Fund for recovery of forfeited professional bail bonds.

Authorizes the board to retain sufficient fund balance to cover the following year's expenses, with 75% of excess funds transferred to the General Revenue Fund at fiscal year end.

Requires Attorney General approval before the board can employ legal counsel, and establishes compliance requirements with state procurement, accounting, budgetary, and fiscal control laws.