SB 779

  • California Senate Bill
  • 2017-2018 Regular Session
  • Introduced in Senate Feb 17, 2017
  • Senate
  • Assembly
  • Governor

Bail: surety insurers.

Bill Subjects

Bail: Surety Insurers.

Abstract

Existing law generally regulates the undertaking of bail and the licensing of bail agents, bail permittees, and bail solicitors. Existing law requires an insurer executing an undertaking of bail to do so through a person holding a bail license. This bill would require all surety insurers that execute undertakings of bail to have a compliance unit with dedicated staff, to pay all forfeited bail bonds into escrow, and to provide a sworn statement to the Department of Insurance of all business transacted under its license or licenses in the last calendar year and to attest that bail licensees who they provide coverage to are in compliance with state law. The bill would require all contracts for bail to disclose the name of the insurer providing surety and a contact for the Department of Insurance for complaints. The bill would require the Department of Insurance to conduct a study and make recommendations no later than July 1, 2018, regarding insurers who provide coverage to bail licensees, as specified.

Bill Sponsors (2)

Votes


No votes to display

Actions


Feb 01, 2018

Senate

Returned to Secretary of Senate pursuant to Joint Rule 56.

Jan 08, 2018

Senate

January 10 set for first hearing canceled at the request of author.

Jan 05, 2018

Senate

Set for hearing January 10.

Jan 03, 2018

Senate

Re-referred to Com. on I., B. & F.I.

  • Referral-Committee
Com. on I., B. & F.I.

Sep 08, 2017

Senate

From committee with author's amendments. Read second time and amended. Re-referred to Com. on RLS.

  • Reading-2
  • Referral-Committee
  • Amendment-Passage
  • Committee-Passage
  • Reading-1
Com. on RLS.

Mar 09, 2017

Senate

Referred to Com. on RLS.

  • Referral-Committee
Com. on RLS.

Feb 21, 2017

Senate

From printer. May be acted upon on or after March 23.

Feb 17, 2017

Senate

Introduced. Read first time. To Com. on RLS. for assignment. To print.

Bill Text

Bill Text Versions Format
SB779 HTML
02/17/17 - Introduced PDF
09/08/17 - Amended Senate PDF

Related Documents

Document Format
No related documents.

Sources

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