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Who cares
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Sponsors
1 Co-sponsor
History
- Substituted by A10640B
- Ordered to third reading cal.1536
- Referred to rules
Companion bill
The same bill in the other chamber. A bill becomes law when one version passes both houses and the governor signs it, so either number can carry it.
Relates to charitable bail organizations
Signed by Governor · Sponsor Jeffrion Aubry
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S7752
Title of bill
An act to amend the insurance law, in relation to charitable bail organizations
Summary of provisions
Section 1 of this bill amends section 1108 of the insurance law by adding a new subsection (k) to include a charitable bail organization as an entity which may be issued a certificate by the superintendent.
Purpose
This bill provides the legal definition and requirements for charitable bail organizations organized for the purpose of posting cash bail for poor persons.
Section 2 of this bill amends subsections (a) and (b) of section 6801 of the insurance law to include a charitable bail organization in the definition of an entity conducting bail business.
Section 3 of this bill amends subsections (a), (b), (c), (h), and (m) of section 6802 of the insurance law outlining the application for certification process to include a charitable bail organization.
Section 4 of this bill amends section 6803 of the insurance law authoring a bail organization to operate in a city containing a population greater than one hundred seventy-five thousand.
Section 5 of this bill adds a new section 6805 to the insurance law defining a charitable bail organization, its structure, powers and limitations, certification, review and renewal including the stipulation that no charitable bail organization may charge a premium or receive compensation for its services which shall be provided only to persons determined to be financially unable to post bail.
Section 6 is the effective date.
Justification
Occasionally, charitable groups with knowledge of particular indigent persons post bail on behalf of such persons. Since these organizations do not charge a premium or receive compensation for cash bail paid, they are unable to meet the significant fiscal burdens imposed by Insurance Law provisions that are designed to regulate for-profit corporations engaged full-time in the bail bond business. This bail provides a structure for such organizations to exist and operate under the purview of the Insurance Department.
Fiscal implications
None.
Effective date
This act shall take effect ninety days after it shall have become law.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.