House Approves Legislation to Privatize and Regulate Bail Bondsman Industry, Cutler Says
5/4/2015
HARRISBURG –To address varying rules regarding the process of regulating the bail bonds industry, Rep. Bryan Cutler (R-Peach Bottom) drafted legislation that would provide a uniform collection of rules for the industry. The House passed the bill unanimously today.

House Bill 367 requires that bondsmen be licensed as insurance producers by the Pennsylvania Insurance Department (PID). They would be required to secure the appointment of an insurer as assurance that they are financially able to cover the liability they assume.

“By requiring that all bail bondsmen play by the same rules, we can improve the industry. When the bill passes, those awaiting trial will enjoy an improved experience that only greater accountability, professionalism and transparency can provide,” Cutler said.

Additionally, the bill also allows county officials to petition the court to suspend or revoke the authority of a bail bondsman to do business in that county, or when necessary, petition the court to issue an order directing the PID to revoke the bail bondsman’s license statewide.

“It has been a privilege to work with Sen. Richard Alloway to resolve the inconsistencies within the rules of the bail bondsman industry. Alloway drafted the companion bill, Senate Bill 397, which has also passed the Senate for the second time in the last two sessions,” Cutler said.

As this bill was passed in the House, the House bill now goes to the Senate for consideration.

Representative Bryan Cutler
100th Legislative District
Pennsylvania House of Representatives

Media Contact: Alison Evans
717.260.6206
aevans@pahousegop.com
RepCutler.com / Facebook.com/RepBryanCutler
Twitter.com/RepBryanCutler
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