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Committee clears bill removing surety‑bond option and requiring crime insurance for public officials

2215349 · February 3, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

House Bill 64 would remove the statutory requirement that certain public officers obtain surety bonds and instead require crime insurance; the committee voted unanimously to forward the bill after county insurance representatives explained the market issue with surety bonds.

Representative Dunigan introduced House Bill 64, which replaces a statutory requirement that some public officers obtain surety bonds with a requirement for crime insurance.

Nut graf: Johnny Miller of the Utah Counties Indemnity Pool and sponsor representatives told the committee the surety market effectively functions…

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