Connecticut 2013 Regular Session

Connecticut House Bill HB05633

Introduced
1/23/13  
Introduced
1/23/13  
Refer
1/23/13  

Caption

An Act Concerning Surety Bail Bond Agents.

Impact

The bill will directly influence the regulatory landscape surrounding bail bond agents in the state. Specifically, by allowing for an inactive status for licenses, the legislation recognizes the varied activities and employment patterns of these agents, accommodating those who may not be working consistently in the field. Furthermore, the proposed amendment to exempt agents from examination and examination fees if they have not executed any bail bonds in a given year presents a financial reprieve for those in periods of inactivity. This could encourage more individuals to enter or remain in the profession without the financial burden of recurrent fees.

Summary

House Bill 05633 aims to amend Title 38a of the general statutes to create a provision for surety bail bond agents to maintain their license in an inactive status for a period of up to two years after the license expires. This amendment seeks to provide flexibility for agents who may not be actively executing bail bonds yet wish to retain their licensing rights for potential future use. The bill proposes that agents wishing to request this inactive status must formally do so to the Insurance Commissioner, creating a clear procedural framework to guide this process.

Contention

Notable points of contention may arise from how this bill affects the responsibilities and qualifications of bail bond agents. Critics may argue that allowing extended inactive status for licenses could lead to a degradation of professional standards and knowledge within the industry. They may express concerns about the lack of requirement for ongoing training or examination for those not actively engaging in the business. Conversely, supporters of the bill may argue that these provisions could help prevent attrition in the workforce and keep more agents licensed and ready to serve when needed, bolstering the bail bond industry as a whole.

Companion Bills

No companion bills found.

Previously Filed As

CT SB00426

An Act Concerning Court Operations And Administrative Proceedings.

CT HB05524

An Act Authorizing And Adjusting Bonds Of The State And Concerning Provisions Related To State And Municipal Tax Administration, General Government And School Building Projects.

CT HB05142

An Act Concerning Consumer Credit, Certain Bank Real Estate Improvements, The Connecticut Uniform Securities Act, Shared Appreciation Agreements, Innovation Banks, The Community Bank And Community Credit Union Program And Technical Revisions To The Banking Statutes.

CT SB00228

An Act Concerning Annual Random Audits Of Professional Bondsmen.

CT HB05145

An Act Concerning Innovation Banks.

CT SB00393

An Act Implementing The Treasurer's Recommendations Concerning Unclaimed Property.

CT SB00187

An Act Concerning Consumer Credit.

CT HB05250

An Act Concerning Self-service Storage Insurance.

CT SB00001

An Act Concerning The Health And Safety Of Connecticut Residents.

CT SB00002

An Act Concerning Artificial Intelligence.

Similar Bills

No similar bills found.