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S03829 Summary:

BILL NOS03829
 
SAME ASSAME AS A02097
 
SPONSORRIVERA
 
COSPNSRGIANARIS, JACKSON, MAY, MYRIE, PARKER, RAMOS, SEPULVEDA, SERRANO
 
MLTSPNSR
 
Amd §6805, Ins L
 
Relates to the money deposited as bail by charitable bail organizations; removes maximum authorized amount of money allowed to be deposited by such organizations.
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S03829 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          3829
 
                               2025-2026 Regular Sessions
 
                    IN SENATE
 
                                    January 30, 2025
                                       ___________
 
        Introduced  by  Sens.  RIVERA,  GIANARIS,  JACKSON,  MAY, MYRIE, PARKER,
          RAMOS, SEPULVEDA, SERRANO -- read twice and ordered printed, and  when
          printed to be committed to the Committee on Insurance
 
        AN ACT to amend the insurance law, in relation to the money deposited as
          bail by charitable bail organizations

          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
 
     1    Section 1. Subsection (b) of section 6805 of  the  insurance  law,  as
     2  added by chapter 181 of the laws of 2012, is amended to read as follows:
     3    (b) A charitable bail organization shall:
     4    (1)  only deposit money as bail [in the amount of two thousand dollars
     5  or less] for a  defendant  [charged  with  one  or  more  misdemeanors],
     6  provided,  however,  that  such organization shall not execute as surety
     7  any bond for any defendant;
     8    (2) only deposit money as bail on behalf of a person who is financial-
     9  ly unable to post bail, which may constitute  a  portion  or  the  whole
    10  amount of such bail; and
    11    (3) [only deposit money as bail in one county in this state. Provided,
    12  however,  that  a  charitable bail organization whose principal place of
    13  business is located within a city of a million or more may deposit money
    14  as bail in the five counties comprising such city; and
    15    (4)] not charge a premium or receive  compensation  for  acting  as  a
    16  charitable bail organization.
    17    § 2. This act shall take effect immediately.
 
 
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD03729-01-5
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