IN SB0253

Requires all sureties for bail bonds (including 10% cash deposits) to be either an insurer represented by a licensed bail agent, or a person who is at least 18, a U.S. citizen, an Indiana resident, related to the defendant within the third degree of affinity, and owns property in Indiana with acceptable net asset value

Mandates courts to waive late surrender fees or extend payment periods when bail agents or sureties file a written request and demonstrate they made diligent efforts to locate a defendant who failed to appear

Changes distribution of late surrender fees from 50%/50% split to 40% to police pension trust fund, 40% to county extradition fund, and 20% to county supplemental public defender services fund

Effective date: July 1, 2011