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MS SB2596
Bill
AI Summary
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Increases the qualification bond requirement for professional bail agents to $30,000 for the county where their principal place of business is located, with an additional $100,000 bond required to issue bonds in multiple counties (up to $1,000,000 maximum for insurance companies).
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Exempts professional bail agents with 10 or more cumulative years of experience as of July 1, 2018 from posting additional bonds for multiple counties; other multi-county agents must increase their bond by $20,000 increments upon renewal until reaching $130,000 total.
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Prohibits using Bail Bond Database information to restrict the amount of bonds a professional bail agent may have outstanding until the database is certified as reliable and accurate by the Insurance Commissioner.
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Requires courts to have access to and participate in a uniform court filing system that allows reliable access and accurate entry of information into the Bail Bond Database before it can be used for restrictions.
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Removes the repeal clause from Chapter 446, Laws of 2016, making the related provisions permanent rather than expiring on July 1, 2018.
Legislative Description
Bail agents; revise qualification bond requirements and bail bond database restrictions.
Last Action
Died On Calendar
2/8/2018