Bill > S05328

This bill modifies the licensing requirements for bail bond agents in New York by introducing several key changes to the insurance law. The superintendent is now required (rather than having discretion) to issue licenses to bail bond agents who meet specific criteria. Applicants must now complete a comprehensive 24-hour pre-licensing course covering detailed aspects of bail bonding, including state laws, court procedures, bond posting processes, and regulatory requirements. Additionally, all applicants must submit fingerprints for criminal background checks and achieve a minimum score of 75% on a written examination to demonstrate competence. The bill mandates that licensed bail bond agents must renew their license every two years by completing 12 hours of continuing education that reinforces the original pre-licensing course materials. The qualifying bond requirement remains at $5,000, and the attorney general can still pursue legal action against agents for fraudulent or dishonest conduct. The new licensing provisions aim to enhance professional standards, ensure agent competency, and provide more comprehensive training for individuals working in the bail bond industry. The act will take effect 90 days after becoming law and will apply to licenses issued and renewed from that date forward.

Business and Industry

https://www.nysenate.gov/legislation/bills/2025/S5328