Senate Bill No. 276, introduced by Senator Myers, aims to establish new regulations for the appointment of bail bond producers in Louisiana. The bill mandates that before a bail bond producer can receive an appointment, they must submit an affidavit to the commissioner of insurance, signed under oath by both the producer and all former insurers. This affidavit must confirm that the bail bond producer does not owe any premiums or unsatisfied judgments to any insurer and agrees to settle all outstanding forfeitures and judgments on previously written bonds.

Additionally, if a bail bond producer fails to satisfy these obligations, the former insurer is required to notify the appointing insurer and the commissioner, leading to the immediate cancellation of the bail bond producer's appointment. Reappointment is contingent upon certification from the former insurer that all obligations have been met. The bill also allows for appeals to the commissioner within ten days of receiving the notice of cancellation. The proposed law is set to take effect on August 1, 2026.