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This bill transfers oversight responsibility for the 24 Bail bond surety firms from the Courts to the Department of Insurance. Costs for .5 FTE for administration under Insurance is estimated at $24,000. The current annual fee of $500 would have to increase to $2,000 every other year in order to cover the costs.

FY 98 Approp. FY 99 Approp. FY 98 Revenue FY 99 Revenue
General Fund $24,000 $24,000 $48,000
TOTAL $24,000 $24,000 $48,000

Office of the Legislative Fiscal Analyst

2/24/97 6:08:09 p.m.

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