And unfortunately, state by state, patchwork is now developing and that will obviously not solve this problem. That's why we introduced the Keeping Valid Offenders off the Streets Act. This bill makes a small a very small but important change to our criminal code to define bail bonds as an insurance product. That's it, thereby subjecting it to the same federal background check and regulatory requirements as those of for profit bail agencies under the federal Comprehensive Crime control Act of 1994. (04:41–04:50)
CLAIM
Asserts that the bill defines bail bonds as an insurance product.
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