HB 1186 — Sunset Regulation of Cash-Bonding Agents

SecondNOTE: Regular Session Seventy-fifth General Assembly STATE OF COLORADO REREVISED This Version Includes All Amendments Adopted in the Second House LLS NO.

26-0359.01This Richardbill Sweetmanhas x4333been HOUSEprepared BILLfor 26-1186the HOUSEsignatures SPONSORSHIPof Mabreythe andappropriate Soper,legislative Carter,officers Clifford, Espenoza, Zokaie, Brown, Lindsay, Marshall SENATE SPONSORSHIP Ball and Weissman,the Amabile,Governor. Coleman, Cutter, Gonzales J., Jodeh, Kipp, Kolker, Marchman, Wallace d d e m 2 T n 2 A U 6 E i ir House Committees Senate Committees S a p Judiciary Judiciary e A Appropriations d d A BILL FOR AN ACT d e 6 C ONCERNING THE CONTINUATION OF THE REGULATION OF BAIL E a 0 A U , N n i BONDING AGENTS REGULATED BY ARTICLE 23 OF TITLE 10, S d p e A C OLORADO R EVISED STATUTES , BY THE DIVISION OF d INSURANCE .

BillTo Summarydetermine dwhether dthe eGovernor 2has (Note:signed the bill or taken other action on it, please consult the legislative status sheet, the legislative history, or the Session Laws.

ThisHOUSE summaryBILL applies26-1186 toBYREPRESENTATIVE(S)MabreyandSoper,Carter,Clifford,Espenoza, thisZokaie, billBrown, asLindsay, introducedMarshall; and does E a 2 notreflectanyamendmentsthatmaybesubsequentlyadopted.Ifthisbill S U 3 O n h passes third reading in the house of introduction, a bill summary that H a r applies to the reengrossed version of this bill will be available at e a r M http://leg.colorado.gov/.) 3 Sunset Process - House Judiciary Committee.

Thealso billSENATOR(S) implementstherecommendationofthedepartmentofregulatoryagenciesBall gand iWeissman, 62Amabile, initssunsetreviewandreportconcerningtheregulationofcash-bondingCutter, aGonzales 2J., SJodeh, RKipp, 0Kolker, UMarchman, dWallace, 2Coleman. H 2 c Shading denotes HOUSE amendment.

DoubleCONCERNING underliningTHE denotesCONTINUATION SENATEOF amendment.THE REGULATION OF BAIL BONDING AGENTSREGULATEDBYARTICLE 23OFTITLE 10,C OLORADO R EVISED STATUTES ,BY THE DIVISION OF INSURANCE .

e a Capital letters or bold & italic numbers indicate new material to be added to existing law.n M Dashes through the words or numbers indicate deletions from existing law.

e A and professional cash-bail agents.

Specifically, the bill continues the regulation for 13 years, until 2039.

SECTION1.SECTION 1.

InColoradoRevisedStatutes,amend10-23-110asIn Colorado Revised Statutes, amend 10-23-110 as follows:

This article 23 is repealed,repealed,effective effective September 1, 20262026EMBER SEPTEMBER 1, 2034.

Before itsTHEiTHE repeal, the functions of the commissioner and the division shall be reviewed in accordance with section 24-34-104.

and add5)(a)(IX)add (35)(a)(IX) as follows:

________ Capital letters or bold & italic numbers indicate new material added to existing law;

dashes through words or numbers indicate deletions from existing law and such material is not part of the act.

GeneralGeneralassembly assembly review ofofregulatory regulatoryagenciesand agenciesfunctions andfunctionsforrepeal,continuation,orreestablishment-legislativefor repeal, continuation, or reestablishment - legislative declaration - repeal.

(27)(a)(27) Thefollowingagencies,functions,orboth,arescheduled(a) The following agencies, functions, or both, are scheduled for repeal on September 1, 2026:

(35)(a)(35) Thefollowingagencies,functions,orboth,arescheduled(a) The following agencies, functions, or both, are scheduled for repeal on September 1, 2034:

(IX) THET REGULATIONOFPROFESSIONALCASHHE BAILAGENTSANDREGULATION OF PROFESSIONAL CASH BONDING-BAIL AGENTS AND CASH -BONDING AGENTS IN ACCORDANCE WITH ARTICLE 23OF TITLE10.TITLE 10.

on the day following the expiration of the ninety-dayperiodafterfinaladjournmentofthegeneralassembly(Augustninety-dayperiod after final adjournment of the general assembly(August 12, 2026, if adjournment sine die is on May 13, 2026);

except that, if a -2-referendumpetitionisfiledpursuanttosection1(3)ofarticleVofthestate 1186 referendum petition is filed pursuant to section 1 (3) of article V of the state constitution against this act or an item, section, or part of this act within such period, then the act, item, section, or part will not take effect unless approvedPAGE by2-HOUSE theBILL people26-1186 atapprovedbythepeopleatthegeneralelectiontobeheldinNovember2026 the general election to be held in November 2026 and, in such case, will take effect on the date of the official declaration of the vote thereon by the governor.

-3-____________________________ 1186____________________________ Julie McCluskie James Rashad Coleman, Sr.

SPEAKER OF THE HOUSE PRESIDENT OF OF REPRESENTATIVES THE SENATE ____________________________ ____________________________ Vanessa Reilly Esther van Mourik CHIEF CLERK OF THE HOUSE SECRETARY OF OF REPRESENTATIVES THE SENATE APPROVED________________________________________ (Date and Time) _________________________________________ Jared S.

Polis GOVERNOR OF THE STATE OF COLORADO PAGE 3-HOUSE BILL 26-1186