Agency: Insurance Line Item: Bail Bond Program Function The Insurance Department regulates the bail bond surety industry and bail bond agents operating in Utah (Title 31A-35). It ensures that all bail bond sureties and bail bond agents demonstrate adequate preparation, competency, and practice honesty and integrity. The department ensures that Utah has a strong bail bond surety insurance market that actively supports the needs of the citizens, judiciary, and law enforcement organizations for reliable bail bond sureties, bail bond agents, and bail bonds at competitive prices. Assistance is provided to the public through information and education. The department investigates and prosecutes unprofessional conduct by bail bond sureties or bail bond agents. Staff is provided to the Bail Bond Surety Oversight Board which reviews new licensing applications and reviews complaints. The program is funded from the Bail Bond Surety Administration Restricted Account.
Funding Detail Funding for the Bail Bond program is used for staff support who help assess annual fees on bail bond companies and also impose fines for businesses not in compliance with Utah law. These fees and fines are collected to the Bail Bond Surety Administration Account. 2010
Actual | 2011
Actual | 2012
Actual | 2013
Actual | 2014
Approp | 2014
Change | 2014
Revised | 2015
Change | 2015
Approp |
|---|
| $23,500 | $23,500 | $23,500 | $23,500 | $23,500 | $0 | $23,500 | $0 | $23,500 |
|---|
| ($1,400) | ($22,200) | ($500) | ($6,500) | $0 | $0 | $0 | $0 | $0 |
|---|
$22,100 | $1,300 | $23,000 | $17,000 | $23,500 | $0 | $23,500 | $0 | $23,500 |
|---|
Programs:
(click linked program name to drill-down) |
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| Bail Bond Program | | Total |
|---|
2010
Actual | 2011
Actual | 2012
Actual | 2013
Actual | 2014
Approp | 2014
Change | 2014
Revised | 2015
Change | 2015
Approp |
|---|
| $22,100 | $1,300 | $23,000 | $17,000 | $23,500 | $0 | $23,500 | $0 | $23,500 |
|---|
$22,100 | $1,300 | $23,000 | $17,000 | $23,500 | $0 | $23,500 | $0 | $23,500 |
|---|
2010
Actual | 2011
Actual | 2012
Actual | 2013
Actual | 2014
Approp | 2014
Change | 2014
Revised | 2015
Change | 2015
Approp |
|---|
| $21,000 | $0 | $22,300 | $16,500 | $22,000 | $0 | $22,000 | $0 | $22,000 |
|---|
| $0 | $0 | $700 | $0 | $300 | $0 | $300 | $0 | $300 |
|---|
| $0 | $400 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
|---|
| $1,100 | $900 | $0 | $500 | $1,200 | $0 | $1,200 | $0 | $1,200 |
|---|
$22,100 | $1,300 | $23,000 | $17,000 | $23,500 | $0 | $23,500 | $0 | $23,500 |
|---|
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