Bill Text: NY A04874 | 2023-2024 | General Assembly | Amended
Bill Title: Relates to the money deposited as bail by charitable bail organizations; removes maximum authorized amount of money allowed to be deposited by such organizations.
Spectrum: Partisan Bill (Democrat 9-0)
Status: (Introduced) 2024-01-03 - referred to codes [A04874 Detail]
Download: New_York-2023-A04874-Amended.html
STATE OF NEW YORK ________________________________________________________________________ 4874--A 2023-2024 Regular Sessions IN ASSEMBLY February 24, 2023 ___________ Introduced by M. of A. KELLES, CRUZ, ZINERMAN, LEVENBERG, AUBRY, EPSTEIN, GIBBS -- read once and referred to the Committee on Codes -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee AN ACT to amend the insurance law, in relation to the money deposited as bail by charitable bail organizations The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Subsection (b) of section 6805 of the insurance law, as 2 added by chapter 181 of the laws of 2012, is amended to read as follows: 3 (b) A charitable bail organization shall: 4 (1) only deposit money as bail [in the amount of two thousand dollars5or less] for a defendant [charged with one or more misdemeanors], 6 provided, however, that such organization shall not execute as surety 7 any bond for any defendant; 8 (2) only deposit money as bail on behalf of a person who is financial- 9 ly unable to post bail, which may constitute a portion or the whole 10 amount of such bail; and 11 (3) [only deposit money as bail in one county in this state. Provided,12however, that a charitable bail organization whose principal place of13business is located within a city of a million or more may deposit money14as bail in the five counties comprising such city; and15(4)] not charge a premium or receive compensation for acting as a 16 charitable bail organization. 17 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD09667-02-3