IN SB0518

Requires sureties for 10% bail bonds to be either an insurer represented by a bail agent or a person who is at least 18, a U.S. citizen, an Indiana resident for at least one year, related to the defendant within the third degree of affinity, and owns qualifying property in Indiana

Prohibits defendants charged with felonies under IC 35-42 (offenses against the person) from being released on 10% cash bail bonds; these defendants must post full bail through surety bonds, full cash deposit, or real estate bonds

Requires bail bonds to equal at least 50% of total bail when a defendant uses a combination of requirements that includes a surety bond

Mandates courts to waive or extend late surrender fees for bail agents or sureties who file written requests and demonstrate diligent efforts to locate the defendant

Redistributes late surrender fees to allocate 40% to the police pension trust fund, 40% to the county extradition fund, and 20% to the county supplemental public defender services fund (previously split 50/50 between first two funds only)