HB 11-1135 Summary

• Transfers regulation of bail bonding agents from the Division of Insurance to a newly created State Bail Bonding Agent Board within the Division of Registrations, effective upon board appointments by October 1, 2011.

• Increases prelicensure education requirements from 8 hours to 480 hours and prelicensure training from 16 hours to 480 hours, with education provided by board-approved state bail bond associations and training overseen by current licensees.

• Establishes continuing education requirements of at least 16 hours every two years for licensees and requires bail recovery service providers to complete at least 100 hours of fugitive apprehension training.

• Removes the $50 alternative cap on bail bonding agent fees, establishes a 10% minimum fee, and mandates agents collect a $15 fee per professional surety bond—with $10 going to local school districts and $5 retained by law enforcement for administrative costs.

• Directs premium taxes collected from bail bonding agents to the public school fund instead of the general fund and repeals the existing advisory committee due to duplication with the new board's composition.