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MS HB1479
Bill
Status
3/15/2018
Primary Sponsor
Gary Chism
Click for details
AI Summary
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Reenacts sections 83-39-3, 83-39-7, and 83-39-13 of Mississippi Code relating to professional bail agent licensure, qualifications, and requirements.
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Changes the timeframe for bond forfeiture refunds from twelve (12) months to eighteen (18) months if defendant is returned to sheriff or proof of incarceration in another jurisdiction is provided.
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Deletes the July 1, 2018 repeal date from Chapter 446, Laws of 2016, making professional bail agent licensing provisions permanent rather than temporary.
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Requires professional bail agents to post $30,000 qualification bonds, maintain a principal office location in Mississippi, submit annual financial statements, and register all bail bonds in a statewide Electronic Bondsmen Registry established by the Insurance Department.
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Establishes a Bail Bond Database requiring bail agents to report all bonds written from October 1, 2016 forward, with monthly updates required by the 15th of each month, with fines up to $1,000 per violation for non-compliance.
Legislative Description
Professional bail agents; delete repealers on certain laws regarding.
Last Action
Approved by Governor
3/15/2018