Texas 2023 - 88th Regular

Texas Senate Bill SB1151 Compare Versions

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11 By: Whitmire, Creighton S.B. No. 1151
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44 A BILL TO BE ENTITLED
55 AN ACT
66 relating to the authority of corporations to act as sureties on bail
77 bonds.
88 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
99 SECTION 1. Article 17.06, Code of Criminal Procedure, is
1010 amended to read as follows:
1111 Art. 17.06. CORPORATION AS SURETY. (a) In [Wherever in]
1212 this chapter [Chapter], if a [any] person is required or authorized
1313 to give or execute a [any] bail bond, the [such] bail bond may be
1414 given or executed by the [such] principal and a [any] corporation
1515 authorized by law to act as surety, subject to all applicable [the]
1616 provisions of this chapter [Chapter] regulating and governing the
1717 giving of bail bonds by personal surety [insofar as the same is
1818 applicable].
1919 (b) Before executing a bail bond for the release of a
2020 defendant, a corporation acting as surety, or the agent executing
2121 the bail bond on behalf of the corporation acting as surety, shall:
2222 (1) collect a premium of not less than 10 percent of
2323 the total surety bond amount; and
2424 (2) submit to the sheriff of the county in which the
2525 prosecution is pending a sworn affidavit that confirms payment of
2626 the premium and identifies:
2727 (A) the amount paid for the premium;
2828 (B) the method of payment for the premium,
2929 including cash, a type of cash equivalent, a property transfer, a
3030 property lien, or another method; and
3131 (C) the person who paid the premium.
3232 SECTION 2. Article 17.06, Code of Criminal Procedure, as
3333 amended by this Act, applies only to a bail bond executed on or
3434 after the effective date of this Act. A bail bond executed before
3535 the effective date of this Act is governed by the law in effect on
3636 the date the bail bond was executed, and the former law is continued
3737 in effect for that purpose.
3838 SECTION 3. This Act takes effect September 1, 2023.