CA AB2449

Increases licensing fees for bail agents, bail solicitors, and bail permittees, raising annual fees from $118-$236 to $1,132-$2,268 and renewal fees from $35-$148 to $340-$1,132

Creates the Bail Investigation and Prosecution Fund as a special account within the Insurance Fund, funded by a per-transaction fee not to exceed $10 per bail bond posted in California

Distributes fund revenues with 70% allocated to the Department of Insurance for bail-related consumer enforcement and investigation, and 30% distributed to county and city district attorneys for investigating and prosecuting bail abuse cases

Requires the Insurance Commissioner to reduce the per-transaction fee assessment if the Bail Investigation and Prosecution Fund exceeds $8,000,000 as of June 30 in any year

Mandates annual public reporting on the department's website regarding consumer complaints, investigations, enforcement actions, and referrals related to bail bond transactions