Thank you, Mr. Speaker. I rise in support of HR 6260, the Keeping Violent Offenders Off Our Streets Act. The bill defines the posting of cash bail by a corporate, nonprofit or for profit entity as engaged in the business of insurance. subjecting them to federal insurance laws and our criminal fraud statute. The use of crowdsourcing for posting bail has long been scrutinized by the courts now and as a way to disguise the true source of the funds. (00:09–00:20)
CLAIM
Asserts that the bill redefines cash bail posting as an insurance business.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
