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FL S1820
Bill
AI Summary
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Requires temporary bail bond agent licenses to expire after 18 months and prohibits reissuance within 2 years of expiration, suspension, or revocation.
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Increases delinquent fees for failing to timely notify the Department of Financial Services of appointments from $250 to $1,000, and establishes monthly certification requirements for temporary bail bond agent employment and hours.
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Mandates that bail bond agencies designate a primary agent in charge at each location who is responsible for overall operations, hiring, and supervision; requires agents to obtain 3 years of prior licensure and appointment experience to own or control a bail bond agency.
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Establishes detailed requirements for partial premium collection on bonds, including required forms and payment schedules not exceeding 360 days, with penalties for non-compliance; requires bail bond agents to pay wages to temporary agents and report them for unemployment compensation.
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Prohibits licensed bail bond agents from aiding unlicensed persons to apprehend or arrest defendants (felony of third degree); increases administrative fines and civil assessments for various violations; creates new reporting requirements for limited surety agents regarding outstanding judgments.
Legislative Description
Bail Bond Agencies and Agents
Last Action
Died in Banking and Insurance, companion bill(s) passed, see CS/CS/CS/HB 725 (Ch.
3/9/2012