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| 8 | 8 | | |
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| 9 | 9 | | HB0528 |
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| 10 | 10 | | 002119 |
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| 11 | 11 | | - 1 - |
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| 12 | 12 | | |
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| 13 | 13 | | AN ACT to amend Tennessee Code Annotated, Title 40, |
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| 14 | 14 | | relative to pretrial release. |
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| 15 | 15 | | |
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| 16 | 16 | | BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF TENNESSEE: |
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| 17 | 17 | | SECTION 1. Tennessee Code Annotated, Section 40-11-151, is amended by deleting |
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| 18 | 18 | | the language: |
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| 19 | 19 | | The premium fee for your bond should not be more than ten percent (10%) of the face |
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| 20 | 20 | | amount of your bond. For example, if your bond is $2,500, the premium on the bond |
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| 21 | 21 | | should not be more than $250. |
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| 22 | 22 | | and substituting: |
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| 23 | 23 | | The premium fee for your bond should not be less than five percent (5%) or more than |
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| 24 | 24 | | ten percent (10%) of the face amount of your bond. For example, if your bond is $2,500, |
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| 25 | 25 | | the premium on the bond should not be less than $125 or more than $250. |
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| 26 | 26 | | SECTION 2. Tennessee Code Annotated, Section 40-11-316(a), is amended by |
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| 27 | 27 | | deleting the language "more than ten percent (10%) of the amount of the face value of the |
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| 28 | 28 | | bond" and substituting "less than five percent (5%) or more than ten percent (10%) of the |
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| 29 | 29 | | amount of the face value of the bond". |
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| 30 | 30 | | SECTION 3. Tennessee Code Annotated, Section 40-11-316(c), is amended by |
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| 31 | 31 | | deleting the language "up to fifteen percent (15%) of the amount of the face value of the bond" |
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| 32 | 32 | | and substituting "no less than five percent (5%) and no more than fifteen percent (15%) of the |
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| 33 | 33 | | amount of the face value of the bond". |
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| 34 | 34 | | SECTION 4. This act takes effect July 1, 2025, the public welfare requiring it. |
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