Senate Bill 102 passed the House last month unanimously, thus clarifying the law regarding Bail Bond Agents and their funders. The bill states that individuals or businesses that loan or otherwise provide funds to bail agents for purposes of furnishing bail are themselves required to be licensed as bail agents if their funding constitutes a greater than 10% financial interest in the bail agent’s business or any individual bail bond.
Section 2 provides a definition of “financial interest” and revises the provision regarding background check requirements to permit applicants to submit federal background check requests electronically through SBI.
|Senate Bill 102 Sponsors||Yes Votes||No Votes|
|Mantzavinos, Gay||Passed Senate 21-0. Brown, Ennis, Gay, Hansen, Lockman, Mantzavinos, Paradee, Pinkney, Poore, S.McBride, Sokola, Sturgeon, Townsend, Walsh, Bonini, Hocker, Lawson, Lopex, Pettyjohn, RIchardson, Wilson|
|Brady, Bush||Passed House 40-0-1. Baumbach Bennett Bentz Bolden Brady Bush Carson Chukwuocha Cooke Dorsey-Walker Griffith Heffernan K.Johnson K.Williams Kowalko Lambert Longhurst Lynn Matthews Minor-Brown Mitchell Morrison Osienski S.Moore Schwartzkopf Wilson-Anton Briggs King Collins D.Short Dukes Gray Hensley M.Smith Morris Ramone Shupe Smyk Spiegelman Vanderwende Yearick||Postles (Absent)|
|Current Status —||Sent to Governor|