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Kansas bill would bar bail companies from loaning money to cover mandatory upfront bond fees
Summary
A House Judiciary committee heard testimony on Senate Bill 244, which would prohibit compensated sureties (bail companies) from providing loans or being affiliated with lenders that loan money to cover the portion of a defendant—s required minimum appearance bond premium that must be paid before a bond is posted.
Senate Bill 244 would prohibit a compensated surety from providing a loan to cover any portion of the minimum appearance-bond premium that must be paid before the bond is posted, proponents told the House Committee on Judiciary during a June hearing.
Jason Thompson, adviser in the Revisor—s Office, told the committee the bill (KSA 22-2809[b]) amends the criminal procedure code to close a gap in last year—s changes that require a compensated surety to collect a minimum 10 percent premium and to receive at least one-half of that required premium before posting the bond. Thompson said the Senate Committee of the Whole removed language that would have required such loans be made by a Kansas-licensed financial institution. He…
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