CT HB06734

Extends the payment period for premium financing arrangements from 15 months to 36 months after bail bond execution, with a required 35% down payment.

Requires surety bail bond agents to file civil actions within 75 days for unpaid balances of $1,000 or more; permits but does not require filing for balances under $1,000.

Establishes annual examination fee of $450 for surety bail bond agents, payable by January 31st each year to the commissioner.

Makes surety bail bond agent licenses automatically expire on February 1st if the annual $450 examination fee is not paid by January 31st, with commissioner notification required.

Creates a dedicated "surety bail bond agent examination account" within the Insurance Fund for examination costs, with year-end balance transfers to the General Fund.