SB 17-236

Senate Bill 17-236, which has been signed into law, extends the regulation of professional cash-bail agents and bonding agents until September 1, 2026. It also gives the commissioner of insurance the authority to release a lien on real estate after three years if the bail bonding agent fails to do so within that time frame, provided the property owner requests it from the commissioner. This bill affects individuals involved in the cash-bail system and those who have properties with unresolved liens due to unpaid bail bonds. Since it has been signed, the provisions of this bill are now enforceable law in Colorado.

Official Summary

Sunset Process - Senate Judiciary Committee. Sections 1 and 2 of the bill continue the regulation of professional cash-bail agents and cash-bonding agents until September 1, 2026. Section 3 authorizes the commissioner of insurance to release a lien in real estate after 3 years if the bail bonding agent does not release the lien within 3 years. The property owner must petition the commissioner for the release.(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)

Votes