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F I S C A L I M P A C T R E P O R T





SPONSOR: Rawson DATE TYPED: 2/22/01 HB
SHORT TITLE: Bail Bondsman Examination SB 686
ANALYST: Wilson


APPROPRIATION



Appropriation Contained
Estimated Additional Impact
Recurring

or Non-Rec

Fund

Affected

FY01 FY02 FY01 FY02
NFI



(Parenthesis ( ) Indicate Expenditure Decreases)





SOURCES OF INFORMATION



Public Regulation Commission (PRC)

Attorney General's Office (AGO)



SUMMARY



Synopsis of Bill



SB 686 permits licensed insurance agents to take the bail bondsman examination without fulfilling the education requirements in certain circumstances."Limited surety agents" who are sponsored and appointed by an"authorized insurer" are excused from the thirty clock hours of formal classroom education.



Significant Issues



The PRC believes this bill gives preferential treatment to the bail bondsmen who are exempted from the education requirement.



DW/njw