Bill Text: NY S01573 | 2023-2024 | General Assembly | Introduced
NOTE: There are more recent revisions of this legislation. Read Latest Draft
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 INSURANCE [S01573 Detail]
Download: New_York-2023-S01573-Introduced.html
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 INSURANCE [S01573 Detail]
Download: New_York-2023-S01573-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ 1573 2023-2024 Regular Sessions IN SENATE January 12, 2023 ___________ Introduced by Sens. RIVERA, GIANARIS, JACKSON, MAY, MYRIE, PARKER, RAMOS, SEPULVEDA, SERRANO -- read twice and ordered printed, and when printed to be committed to the Committee on Insurance AN ACT to amend the insurance law, in relation to charitable bail organ- izations 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] ten thousand 5 dollars or less for a defendant charged with one or more [misdemeanors] 6 offenses, as defined in subdivision one of section 10.00 of the penal 7 law, provided, however, that such organization shall not execute as 8 surety any bond for any defendant; 9 (2) only deposit money as bail on behalf of a person who is financial- 10 ly unable to post bail, which may constitute a portion or the whole 11 amount of such bail; and 12 (3) [only deposit money as bail in one county in this state. Provided,13however, that a charitable bail organization whose principal place of14business is located within a city of a million or more may deposit money15as bail in the five counties comprising such city; and16(4)] not charge a premium or receive compensation for acting as a 17 charitable bail organization. 18 § 2. This act shall take effect on the ninetieth day after it shall 19 have become a law. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD02927-01-3