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TN HB0785

TN HB0785
AN ACT to amend Tennessee Code Annotated, Title 4, Chapter 3, Part 13; Title 39; Title 40; Title 41; Title 56; Title 62 and Title 67, Chapter 4, Part 8, relative to bail bonds.


summary

Introduced
02/04/2025
In Committee
04/09/2025
Crossed Over
Passed
05/13/2025
Dead
Signed/Enacted/Adopted
05/13/2025

Introduced Session

114th General Assembly

Bill Summary

As enacted, requires every bondsman licensed in this state to file a quarterly report with the department of revenue detailing the total number of bonds issued by the bondsman in the preceding quarter, the number of bonds issued in each county in which the bondsman operated, and the total amount of the bondsman's liability in each county; requires each clerk of a court that admits defendants to bail to file a quarterly report with the department detailing the total number of bonds accepted from bondsmen and the total amount of the bonds accepted from bondsmen in the preceding quarter; authorizes the department to use the reports to complete audits on the bail bonding tax. - Amends TCA Title 4, Chapter 3, Part 13; Title 39; Title 40; Title 41; Title 56; Title 62 and Title 67, Chapter 4, Part 8.

AI Summary

This bill introduces new reporting requirements for professional bondsmen and court clerks in Tennessee, beginning October 25, 2025. Professional bondsmen will be required to submit quarterly reports to the Department of Revenue detailing the total number of bonds issued, the number of bonds issued in each county they operate, and their total liability in each county. Similarly, court clerks must file quarterly reports documenting the total number and amount of bonds accepted from bondsmen. These reports can be used by the Department of Revenue to conduct audits on bail bonding taxes. Importantly, failure to submit these required reports will not be considered a criminal offense. The bill will take effect on July 1, 2025, and aims to improve transparency and tracking of bail bond activities across the state by creating a systematic reporting mechanism for professional bondsmen and court clerks.

Committee Categories

Justice

Sponsors (3)

Last Action

Comp. became Pub. Ch. 396 (on 05/13/2025)

bill text


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