LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 77th Regular Session April 10, 2001 TO: Honorable Kenneth Armbrister, Chair, Senate Committee on Criminal Justice FROM: John Keel, Director, Legislative Budget Board IN RE: SB1119 by Armbrister (Relating to the regulation of bail bond sureties; providing a penalty.), As Introduced ************************************************************************** * No fiscal implication to the State is anticipated. * ************************************************************************** Local Government Impact The bill would add new requirements for individuals and corporations operating in the bail bond business. Impact to local government would result in requirements by bail bondsmen and bail businesses to file applications and deposits with the county treasurer instead of the county sheriff, as is the current statute. Additionally, the bill would repeal the section of the Occupations Code relating to the effect of default by corporations conducting bail bond business. The repeal would relieve the court clerk of a minimal amount of administrative duties. No significant fiscal implication to units of local government is anticipated. Source Agencies: 304 Comptroller of Public Accounts LBB Staff: JK, JC, DB