HB16-1013 - Sch Dist Crime Insurance In Lieu Of Bonds

Passed/Signed into Law
Concerning Authorizing School Districts To Purchase Crime Insurance Coverage In Lieu Of Surety Bonds.

Current law requires the secretary, assistant secretary, treasurer, and assistant treasurer of a school board and any person authorized by the board to be the custodian of money of the school district to obtain a surety bond before taking office. Additionally, a school board is required to obtain and pay for a surety bond for any person who is likely to have custody of $50 or more of school district money.

The bill authorizes a school district to purchase crime insurance coverage instead of the bonds.

Senate Committees

Latest update: March 18, 2016
03/18/2016 Governor Signed
03/14/2016 Sent to the Governor
03/14/2016 Signed by the President of the Senate
03/09/2016 Signed by the Speaker of the House
03/02/2016 Senate Third Reading Passed - No Amendments
03/01/2016 Senate Second Reading Passed - No Amendments
02/25/2016 Senate Committee on Education Refer Unamended - Consent Calendar to Senate Committee of the Whole
02/03/2016 Introduced In Senate - Assigned to Education
02/02/2016 House Third Reading Passed - No Amendments
02/01/2016 House Second Reading Passed - No Amendments
01/28/2016 House Committee on Business Affairs and Labor Refer Unamended to House Committee of the Whole
01/13/2016 Introduced In House - Assigned to Business Affairs and Labor