HB 1680-S - DIGEST

 

                      (DIGEST AS ENACTED)

 

     Provides that penalties, fines, bail forfeitures, fees, and costs may accrue interest at the rate of twelve percent per annum.

     Requires the interest collected to be split twenty-five percent for the public safety and education account, twenty-five percent for the judicial information system account, twenty-five percent for the city general fund, and twenty-five percent for local court funding.

     Authorizes courts to enter into agreements with collection agencies which allow the agencies to retain all or any part of the interest collected.