TN SB1237

Bail Bonds

Passed Senate Ferrell Haile (R)
Plain English Summary

Tennessee SB1237 requires licensed bail bondsmen to submit quarterly reports to the Department of Revenue. These reports must include the total number of bonds issued, the number of bonds in each county, and the total liability for those bonds. Additionally, court clerks must also report the number and amount of bonds accepted from bondsmen each quarter.

Supporters Say

Supporters of SB1237 argue that the bill enhances transparency and accountability in the bail bonding industry. By requiring detailed reporting from both bondsmen and court clerks, it aims to ensure proper oversight and compliance with tax regulations, ultimately benefiting the state's revenue system.

Critics Say

Critics of SB1237 contend that the increased reporting requirements may burden small bail bondsmen and court clerks with excessive paperwork. They argue that these regulations could lead to higher costs for defendants seeking bail, potentially making it more difficult for individuals to secure their release from custody.

Conflict of Interest Analysis Personal Interests
2/10
Risk Level
Low
Policy Area
Crime and Law Enforcement
Industry Overlap
0%
Personal Conflicts
0 found

The analysis of SB1237, which pertains to bail bonds and requires reporting from bondsmen, reveals no direct overlaps between the sponsor Ferrell Haile's personal financial interests and the bill's subject matter. Haile's primary occupation as a pharmacist and ownership of Perkins Drugs & Gift Shoppe are unrelated to the bail bond industry. Additionally, his various roles in health-related and community organizations do not intersect with the financial interests of bail bondsmen or the regulatory framework established by the bill.

Sponsor's Personal Financial Interests

Unlike federal analysis based on campaign donations, state analysis examines legislators' personal financial interests — their jobs, businesses, and investments.

Type Description Industry Source
Occupation Pharmacist Pharmaceuticals/Health Products TN Legislature bio
Business Owner Owner of Perkins Drugs & Gift Shoppe AI-researched
Board Member Board Member of Sumner Regional Medical Center TN Legislature bio
Employer HAILE FARMS TN Ethics Commission
Employer GEORGIAN MANOR APTS. TN Ethics Commission
Employer STEVE FREEMAN FARMS TN Ethics Commission
Employer 2005 CAIRO RENTAL TN Ethics Commission
Business Owner GEORGIAN MANOR APTS. CO-OWNER from Jan 1992 to Apr 2026 TN Ethics Commission
Business Owner SUMNER COUNTY ANTIDRUG COALITION ADVISOR from Jan 2014 to Dec 2014 TN Ethics Commission
Business Owner WORLD CHRISTIAN BROADCASTING BOARD MEMBER from Jan 2006 to Jul 2014 TN Ethics Commission
Business Owner STATION CAMP CHURCH ELDER from Jan 2010 to Jan 2017 TN Ethics Commission
Business Owner STATION CAMP CHURCH BOARD OF TRUSTEES CHAIRMAN from Jan 2017 to Apr 2022 TN Ethics Commission
Business Owner APCI BOARD MEMBER from Jan 1992 to Apr 2016 TN Ethics Commission
Business Owner SOUTHEAST COMMUNITY FIRE DEPT. PRESIDENT OF THE BOARD from Jan 1991 to Apr 2022 TN Ethics Commission
Business Owner CHRISTIAN TOWERS BOARD MEMBER from Jan 1992 to Jan 2014 TN Ethics Commission
Asset GEORGIAN MANOR APTS.; TN Ethics Commission
Asset RAYMOND JAMES FINANCIAL SERVICES TN Ethics Commission
Asset Leadership PAC: HAILEPAC TN Ethics Commission

Items marked "AI-researched" are generated from public sources but have not been independently verified. Verified data is sourced from official legislature websites and disclosure filings.

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About This Analysis

This summary was generated using AI from the bill's official text and metadata. Data sourced from LegiScan and the Tennessee General Assembly. Conflict analysis examines the sponsor's personal financial interests for potential overlaps with the bill's subject matter.