Virginia House Bill 174 (Prior Session Legislation)

---

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 9 2012 - 25% progression, died in committee
Action: 2012-02-14 - House: Left in Courts of Justice
Pending: House Courts of Justice Committee
Text: Latest bill text (Prefiled) [HTML]

Bail bondsmen; requirements for property bail bondsmen; suspension of license. Provides that a property bail bondsman or his company must own the real estate that serves as the collateral on his bonds. The bill also provides that a property bail bondsman shall not enter into a bond if the penalty of such bond and all other outstanding bonds for which he is liable exceeds the true market value of the equity in the real estate. Current law provides that such penalty for which the property bail bondsman is liable cannot exceed four times the true market value of the equity in the real estate. The bill further provides that a property bail bondsman's license shall be suspended if he has not paid any forfeiture of bond within 60 days after notice of a final court order.

Bail bondsmen; requirements for property bail bondsmen, suspension of license.

Del. Barry Knight [R]

Date	Chamber	Action
2012-02-14		House: Left in Courts of Justice
2012-01-18		House: Subcommittee recommends laying on the table by voice vote
2012-01-17		House: Assigned Courts sub: #1 Criminal
2012-01-16		House: Referred to Committee for Courts of Justice
2012-01-16		House: Referred from General Laws by voice vote
2012-01-09		House: Referred to Committee on General Laws
2012-01-09		House: Prefiled and ordered printed; offered 01/11/12 12103147D

Chapter	Article	Section	Citation Type	Statute Text
9	1	185.5	(n/a)	See Bill Text
9	1	185.8	(n/a)	See Bill Text

Type	Source
Summary	https://lis.virginia.gov/cgi-bin/legp604.exe?121+sum+HB174
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?121+ful+HB174+hil