SPONSOR:   

Sen. Henry  

 

 

 

DELAWARE STATE SENATE

147th GENERAL ASSEMBLY

 

SENATE AMENDMENT NO. 1

TO

HOUSE SUBSTITUTE NO. 1

FOR

HOUSE BILL NO. 151

 

 

 

 



 


AMEND House Substitute No. 1 to House Bill No. 151 by striking line 63 in its entirety and substituting in lieu thereof the following:

“insurance company, a person or business entity. shall have the meaning ascribed to it in § 1702 of this title.”

FURTHER AMEND House Substitute No. 1 for House Bill No. 151 by striking line 64 in its entirety and substituting in lieu thereof the following:

(o)(q) “Solicit” shall mean attempting to sell a surety or property bail bond or asking or urging a person to apply for a surety or property

FURTHER AMEND House Substitute No. 1 for House Bill No. 151 by striking lines 443 and 444 in its entirety and substituting in lieu thereof the following:

premium for a surety bail bond shall be at least 5% and not more than 10%.  It shall be unlawful for a bail agent to post a surety bail bond without first charging and receiving at least five percent (5%) of the surety bail bond amount,

FURTHER AMEND House Substitute No. 1 for House Bill No. 151 by striking lines 465 through 468 in its entirety and substituting in lieu thereof the following:

(f) The total charges or commissions for a cash bail may not be less than twenty percent (20%) or more than thirty percent (30%) of the bail amount posted by the property bail agent. It shall be unlawful for a property bail agent to post a bail without first charging and receiving at least twenty percent (20%) of the cash bail amount, and entering into a written contract signed by the parties containing all terms and conditions of the bond.


SYNOPSIS

This amendment makes two edits for grammatical and codifying purposes.  This amendment also amends the floor and ceiling that may be charged and initial payment that must be received to post secured and cash bail.

Author: Senator Henry