IN SB0373

Establishes four bail bond options: cash bonds (100% of bail amount), surety bonds through bail agents, deposit bonds (10% of bail with qualified insurer), and real estate bonds (33% of true tax value minus encumbrances).

Requires courts to inform defendants that bail deposits may be retained to pay publicly paid defense costs, fines, fees, and restitution if convicted, with defendant consent required.

Creates county electronic monitoring funds in each county, funded by 5% of late surrender fees, to defray costs of electronic monitoring programs for indigent offenders or court-appointed public defenders.

Distributes late surrender fees as follows: 50% to police pension trust fund, 10% to county extradition and sheriff's assistance fund, 20% retained by court, 7.5% to public defender fund, 7.5% to clerk operating account, and 5% to electronic monitoring fund.

Repeals old recognizance form requirements and establishes new standardized bail bond forms with specific language regarding forfeiture, defendant rights, and depositor obligations; requires bail agents and sureties to maintain electronic mail addresses after July 31, 2014.