Montana legislation · 2025 Regular Session
Montana HB729: Revise surety bail bond insurance laws relating to the collection of premium and other fees
Status: Vetoed, May 13, 2025
What the bill says
An act revising surety bail bond insurance laws to require the producer to collect a minimum of 10% of the guaranteed amount of the surety appearance bond; providing for the collection of a minimum premium in full and for a receipt to be provided; and amending section 33-26-106, mca.
From the engrossed text:
AN ACT REVISING SURETY BAIL BOND INSURANCE LAWS TO REQUIRE THE PRODUCER TO COLLECT A MINIMUM OF 10% OF THE GUARANTEED AMOUNT OF THE SURETY APPEARANCE BOND; PROVIDING FOR THE COLLECTION OF A MINIMUM PREMIUM IN FULL AND FOR A RECEIPT TO BE PROVIDED; AND AMENDING SECTION 33-26-106, MCA. Section 1. Section 33-26-106, MCA, is amended to read: "33-26-106. Cost of surety bond to be allowed in account of officer -- payment of premium and notice. (1) Any court or officer whose duty it is to pass upon on the account of any person or corporation required by law to give a bond may, whenever such the person or corporation has given any such a surety company as surety upon such on the bond, allow in the settlement of such the account a reasonable sum for the expense of procuring such the surety. (2) (a) A surety bail bond insurance producer who provides surety appearance bonds shall collect a minimum premium of 10% of the guaranteed amount of the surety appearance bond. (b) A surety bail bond producer may not require additional fees to be collected after the payment of the minimum premium unless the bail bond producer specifically discloses the additional fees and a fee schedule in the contract. (c) The premium must be collected in full, and a …
Sponsors
- Nicol, Nelly (R, 53) · primary sponsor
- Phalen, Bob (R, 17)
Latest actions
- : (H) Vetoed by Governor
- : (H) Transmitted to Governor
- : (S) Signed by President
- : (H) Signed by Speaker
- : (H) Returned from Enrolling
- : (H) Sent to Enrolling
- : (S) 3rd Reading
- : (S) Scheduled for 3rd Reading
- : (S) 2nd Reading
- : (S) Scheduled for 2nd Reading
Votes
- Do Concur (April 14, 2025): 34 yea, 14 nay, passed
- Do Concur (April 12, 2025): 36 yea, 13 nay, passed
- Do Pass (March 7, 2025): 52 yea, 47 nay, passed
- Do Pass (March 6, 2025): 50 yea, 49 nay, passed
Subjects: Criminal Procedure, Insurance
Common questions
- What is HB729?
- HB729 is a bill in the Montana Legislature (2025 Regular Session): Revise surety bail bond insurance laws relating to the collection of premium and other fees.
- What does HB729 do?
- In its own words: An act revising surety bail bond insurance laws to require the producer to collect a minimum of 10% of the guaranteed amount of the surety appearance bond; providing for the collection of a minimum premium in full and for a receipt to be provided; and amending section 33-26-106, mca.
- What is the status of HB729?
- Vetoed as of May 13, 2025. Latest action: (H) Vetoed by Governor (May 13, 2025).
- Who sponsored HB729?
- Nicol, Nelly (R, 53), with 1 co-sponsor.
- Where is the official record for HB729?
- On the Montana Legislature website: https://bills.legmt.gov/#/laws/bill/2/LC3086
Source: official Montana record. Tracked by Delilah, AI for legislation across all 50 states and Congress.