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S00494 Summary:

S00494 Actions:

S00494 Committee Votes:

S00494 Floor Votes:

S00494 Text:

 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                           494
 
                               2019-2020 Regular Sessions
 
                    IN SENATE
 
                                       (Prefiled)
 
                                     January 9, 2019
                                       ___________
 
        Introduced by Sens. RIVERA, KRUEGER, PARKER, SEPULVEDA -- 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 charitable bail organ-
          izations

          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
 
     1    Section 1. Paragraph 4 of subsection (a) and subsection (b) of section
     2  6805  of the insurance law, as added by chapter 181 of the laws of 2012,
     3  are amended to read as follows:
     4    (4) A charitable bail organization certificate shall be  valid  for  a
     5  term  of  five years from issuance. At the time of application for every
     6  such certificate, [and for every renewal thereof,]  an  applicant  shall
     7  pay  to  the superintendent a sum of [one thousand] five hundred dollars
     8  payable each term or fraction of a term, provided, however, that in  his
     9  or her discretion, the superintendent may waive such fee.
    10    (b) A charitable bail organization shall:
    11    (1)  only  deposit  money  as bail in the amount of [two] ten thousand
    12  dollars or less for a defendant charged with one or more  [misdemeanors]
    13  offenses,  as  defined  in subdivision one of section 10.00 of the penal
    14  law, provided, however, that such  organization  shall  not  execute  as
    15  surety any bond for any defendant;
    16    (2) only deposit money as bail on behalf of a person who is financial-
    17  ly  unable  to  post  bail,  which may constitute a portion or the whole
    18  amount of such bail; and
    19    (3) [only deposit money as bail in one county in this state. Provided,
    20  however, that a charitable bail organization whose  principal  place  of
    21  business is located within a city of a million or more may deposit money
    22  as bail in the five counties comprising such city; and

         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD05600-01-9
        S. 494                              2

     1    (4)]  not  charge  a  premium  or receive compensation for acting as a
     2  charitable bail organization.
     3    §  2. This act shall take effect immediately; provided that the amend-
     4  ments to subsection (b) of section 6805 of the  insurance  law  made  by
     5  section  one of this act shall take effect on the ninetieth day after it
     6  shall have become a law.