California SB-10 was signed into law by Governor Brown in August of 2018. SB 10, if not repealed, goes into effect in October of 2019 and will eliminate the entire cash bail and bail industry. SB 10 was introduced based on a 2016, yearlong study conducted and backed by California Chief Justice Tani Cantil-Sakauye. The study concluded that the state’s bail system was “unsafe and unfair” and is dependent on a defendant’s finances versus whether or not they are a public threat or flight risk. According to Justice Cantil-Sakauye, before SB 10, only defendants with the financial means had the ability to “purchase their freedom” via a bail bond and that often left poor, minorities incarcerated due to their financial status.
With SB 10 is it estimated that there about 15,000 bail industry-related jobs at stake. The bail industry has started collecting the necessary signatures that would put reform of SB 10 on the 2020 ballot and would delay the effective October 2019 start date until after the ballot. As of November 20, 2018, 576,745 signatures have been collected; the state is working to verify these signatures to ensure there are enough to get the reform on the ballot.
As bail companies and their agents wait to see how this ruling will affect their county, we thought this may be a good time to chat about some options to current bail licensees.
The simple addition of a Property and Casualty license would give an agent the ability to sell surety bonds and in turn Immigration bonds.
There is money to be made in the Immigration Bond market and typically, less rural offices can benefit from the addition of these bonds. Many bail offices already offer immigration bonding, so growth may be within your own office and in turn, training may be easier than one would think.
Getting your Property and Casualty license can be done online, and Affordable Educators program is bar-none. Our 52-hour training prepares you for your final exam with the Department of Insurance as you study and again at the end of your certification. Sign up now and get free access to our Flash Card system as well as a $10 off with code BAIL10 to use at check out.
Moving forward to 2019, many bail agents renew this June. We have updated our Bail Bundle books for 2019 and are taking orders now. New books are shipping now. Call us for pricing and we will offer you free shipping and our office sharing program.
Remember, if you used us for your 2017 renewal you can take our updated courses again. No need to shop around or spend more money. Affordable Educators has kept the process easy and cost-efficient.