On February 7, 2012, Rep. Jerry Sonnenberg and Sen. John Morse introduced HB 12-1266 – Concerning the Continuation of the Licensing of Persons who Furnish Bail for Compensation. This summary is published here courtesy of the Colorado Bar Association’s e-Legislative Report.
Sunset Review Process
The bill continues the regulation of bail bonding agents until September 1, 2017. The daily bond register requirement is replaced with a requirement that the information be kept in a case file and clarifies that the requirement applies to cash bonding agents and professional cash bail agents. A prohibition against licensing firms is repealed. Bail-related transactions are required to be made on forms approved by the division of insurance. On February 28 the Judiciary Committee amended the bill and referred it to the Appropriations Committee for consideration of the fiscal impact. The bill is not listed on the Appropriations Committee calendar.
Summaries of other featured bills can be found here.
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