2003 House Bill 5281

Senate Roll Call 269: Passed

To require a new, lower minimum capital standard for a company that operates solely as a bail bond surety company. The current minimum is $7.5 million. The bill would lower this to $4.5 million, if the company also has $3 million in bond guarantees and securities in another state.

33 Yeas / 4 Nays
Republican (21 Yeas / 0 Nays)
Democrat (12 Yeas / 4 Nays)
Excused or Not Voting (1)