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 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 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.
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.
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.
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.
TN SB1237