Ohio Senate and House Introduce Medicare Bid Bonds Legislature

Written by JoAnn Smith on February 3rd, 2015. Posted in Ohio

bid bond legislature

Bid bond legislature in Senate and House

With the rapid changes in Medicare it shouldn’t be surprising when more than one Ohio politician introduces bid bond legislature. However, what was interesting about these pieces of bid bond legislature is that they are two bills, dealing with the same issues. One bill was introduced by an Ohio member of the House and the other by an Ohio Senator.

Tiberi’s Bid Bond Legislature for Medicare

Ohio Representative Patrick Tiberi introduced a bill on January 12th that would require a bid bond for surety from any entity that is submitting a bid for the Medicare program for durable medical equipment, prosthetics, orthotics and supplies. Besides Tiberi, the bill had 27 co-sponsors from both sides of the aisle. The program, also referred to as DMEPOS falls under the jurisdiction of Medicare and currently does not require any kind of surety when bidding on participation. The bill was introduced and then referred to the House Energy and Commerce Committee as well as the House Ways and Means Committee.

Bid Bond Legislature from Portman

In addition, it appears that a similar bill was introduced to the Senate by the Honorable Rob Portman from Ohio. This bill would also require anyone who wants to bid on a project to supply medical equipment under the DMEPOS program to submit a surety bond in the form of a bid bond as part of the bid process. Portman’s bill was co-sponsored by four other senators, none of them from Ohio. The bill was introduced on January 12th and was sent to the Senate Finance Committee.

Get Bid Bonds at BuySurety

While these bills will take time to go through the Senate and the House of Representatives before they become law, many other states do require bid bonds for Medicare program bids. Keeping track of which programs are required to have bid bonds in place for which states can be difficult. That is why we suggest anyone who is considering putting in a bid to become a supplier for any government entity, but especially when it comes to all the changes within Medicare, talk to BuySurety first. Our helpful customer service agents can identify whether your state has surety bond requirements for any kind of government department bid. Don’t take chances, be sure with BuySurety.

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Ohio Exotic Animal Owners Ask for Relief from Surety Bond Requirements

Written by JoAnn Smith on April 2nd, 2014. Posted in Bond Applications, Latest News, License and Permit Bonds, Ohio, Surety Bond Blog

     surety bonds for exotic animals      
Surety bonds are requited to keep exotic animals like tigers
Last year we reported on changes in Ohio’s laws that would require owners of exotic pets to register the animals with the state. It had become a cause for exotic pet owners in the Ohio region that they ultimately lost. With the passage of the new requirements, registration included a surety bond requirement meant to cover costs should the animals cause destruction.
The law was the result of a bill that was introduced after a local Ohio resident deliberately released his own collection of exotic animals while in a distraught state. The bill passed through legislature quickly and the new requirements went into effect January 1st, 2014.

Animal Owners Dispute Surety Bond Requirements

A group of exotic animal owners took the state to court and the case was brought before the 6th U.S. Circuit Court of Appeals in Cincinnati. The three-judge panel decided against the group and now the owners are asking a federal court to appeal the decision. The owners are claiming that this new law and the surety bond requirements that are part of the licensing are an infringement on their constitutional rights.
The Circuit Court of Appeals had ruled that the new regulations for exotic animal owners were not an infringement of their free speech and free association rights as the owners had claimed. The court noted that the requirements were in place in order to address concerns for animal welfare as well as to protect public health and safety. The ownership of dangerous wild animals, the court stated, was a threat to public safety and therefore the new regulations were necessary. The new regulations not only have surety bond requirements but also require exotic animal owners to pass a background check, pay the fees and prove that they can care for the animals properly.

Surety Bonds Ensure Animal Owners

While the owners of these exotic animals may feel that their rights are being trampled on, most owners of large predatory animals are required to show their ability to care and control the animals. They are often asked to post a surety bond or other sureties that will prove their ability take financial responsibility for the animals. Getting bonded through a company such as BuySurety is a fast and easy solution to any requirement to guarantee your financial responsibility. Got a tiger in your backyard? You might want to come by the BuySurety site and get your surety bond today.

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Ohio and Pennsylvania Debt Settlement Providers Need Surety Bonds

Written by JoAnn Smith on March 11th, 2014. Posted in Bond Applications, Latest News, Legislation, License and Permit Bonds, Ohio, Pennsylvania, Surety Bond Blog

     debt settlement surety bonds      
debt settlement companies need surety bonds
photo credit: Alan Cleaver via photopin cc
In a move to have greater control over the debt settlement industry, legislature in both Ohio and Pennsylvania are considering passing bills that would require companies to be bonded as part of their licensing agreement.
For both instances the bills would introduce the requirement that all debt settlement companies in each respective state will now need to be registered and licensed, as well as being required to post a surety bond. Up until this time this was not a requirement for this industry in either Ohio or Pennsylvania.

New Debt Settlement Surety Bond Requirements

In Ohio the possibilities for this bill passing looks good. Ohio House Bill 173 was first introduced into the House in May 2013 and passed through three committees before it was introduced to the Senate. The bill currently is sitting with the Senate’s Insurance & Financial Institutions Committee where it looks favorable for its passage. The bill will require a license surety bond to be posted at the time of licensing. With a total of 14 representatives of the House acting as sponsors for this bill it looks likely to see passage before the end of the year.
By contrast, Pennsylvania Senate Bill 622 began in the Senate in March of 2013 before passing through the Senate’s Banking and Insurance Committee and Appropriations. It passed on to the House in December of 2013 and is currently being considered in the Commerce Committee of the House. When passed, this bill will require anyone who wants to do business as a debt settlement company in Pennsylvania to be registered with the state and post a license and permit bond. With the backing of 14 highly placed senators for this bill it also looks likely to pass before the end of the year. Both of these bills are the result of a perceived need for greater regulation in the debt settlement industry.

Finding Surety Bonds Fast and Easy

Of course, these two bills are a great example of how an industry can suddenly find itself needing to qualify for surety bonds. Many states already require anyone offering debt settlement to be covered for liability through a surety bond. If you work in the debt settlement industry, or any industry where having a surety bond is part of the licensing procedure, make sure you are covered with a surety bond from BuySurety. We can make getting bonded a fast and easy process. Be sure to contact us today to find out just how quickly we can qualify your business for any kind of surety bond coverage.

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New Surety Bond Requirements for 2014 in Minnesota, Ohio and California

Written by JoAnn Smith on January 8th, 2014. Posted in Bond Types, California, Commercial Bonds, Contract Bonds, Latest News, License and Permit Bonds, Minnesota, Ohio, Performance Bonds, Retail and Professional Services Bonds, States, Surety Bond Blog

surety bond requirement
estate sales may need surety bonds

As should be expected, there have been a few states with surety bond requirement legislation that was passed in the last few months and will go into affect with the new year. While many of these changes take place immediately, there are some that will simply go into effect as of January 1, 2014.

Do you know what kinds of changes are going into affect in your state for your industry? While there are dozens of changes, some have been getting a bit more attention because they will affect a broad scope of businesses. Here are several new surety bond requirements that will be affecting specific industries in Minnesota, Ohio and California beginning in 2014.

Minnesota Estate Sales Operators

A new requirement for estate sales operators in the state of Minnesota will result in these businesses taking out a surety bond as part of their licensing with the state. As of January 1, 2014, anyone conducting business doing estate sales will need to post a $20,000 license surety bond. The bond will then be applied to ensure that the proceeds from the estate sale go to the family, even if the estate sales operator should default or go out of business.

Ohio Puppy Mills

In a bill that has been over six years in the making, high-volume breeders of dogs will be required to fulfill a set of regulations that includes:

  • Kennels must be clean

  • Kennels must be properly ventilated

  • Outdoor facilities must offer shelter from the elements

  • Breeders must undergo a background check

  • Breeders must provide either a surety bond or proof of insurance

Ohio has currently over 300 self-identified high-volume breeders and has been the focus of several animal rescues in the last few years. Four additional inspectors have been hired to enforce the new regulations.

California Immigration Consultants

Beginning in 2014 there will be an increase in the amount of the performance bond that is required by the California Secretary of State from anyone acting as an immigration consultant. This revision changes the surety bond amount to $100,000 from the previous $50,000. An active immigration consultant must file this new surety bond amount with the State of California before July 1, 2014 or face the possibility of having the state shut the business down.

Surety Bonds at Great Prices

So many businesses these days are required to post a surety bond as part of the cost of doing business. If you are looking into starting up a new business, you might want to come by our BuySurety website or give us a call to be sure your legal requirements regarding surety bonds have been covered. We know surety bonds and have been supplying the business community with solid surety bonds at reasonable rates since 1998. Why take a chance with your business? Get all your surety bond requirements taken care of quickly and within your budget at BuySurety.

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Michigan, Ohio and West Virginia Auto Dealer Bonds

Written by JoAnn Smith on November 22nd, 2013. Posted in Legislation, License and Permit Bonds, Michigan, Motor Vehicle Bonds, Ohio, Surety Bond Blog, West Virginia

     auto dealer bonds
auto dealer bonds – do you have yours?
Auto dealer bonds for West Virginia as well as Ohio and Michigan are a big part of the legislative updates that we have seen across the country as these states have gone through economic change. Cities grow, dealerships flourish and each state needs to find a way to ensure that the dealerships conduct business in an ethical way. If you are considering opening your own vehicle dealership in West Virginia, Ohio or Michigan there are some regulations including surety bonds that you will need to fulfill. Here are the basics that you will need to be aware of when getting licensed to sell vehicles in Ohio, West Virginia and Michigan.

West Virginia Auto Dealer Bonds

The Mountain State is well named, for driving through it is like riding a beautiful roller coaster. If you are considering getting your license for a vehicle dealership in West Virginia, you will be happy to know that the requirements are the same for both used and new vehicles of all types. You will simply need to post a Motor Vehicle Dealer Bond for $25,000 as part of the licensing procedure.

Ohio Auto Dealer Bond Requirements

The Buckeye State has plenty of opportunities for anyone considering opening a car dealership in Ohio. If you want to do so, you will need to post two separate surety bonds for each dealership:

Car Dealership Requirements in Michigan

You have to assume that Michigan residents are stubborn, why else would they have decided to be called The Wolverine State? But these hardy people who are known for their pragmatism are smart enough to keep their regulations to a simple requirement. In Michigan you are required to post a $10,000 Motor Vehicle Bond for the dealership regardless of whether it sells new or used vehicles. It certainly keeps things tidy and easy to understand.

Getting Bonded the Easy Way

So now that you know what is required, are you ready to get bonded? Why not drop in to our handy surety bonds site BuySurety and find out just how fast and easy it is? We can help you with qualifying for a motor vehicle bond in any state and regardless of your credit rating. Come and talk to us today, and get that auto dealer bond you need now.

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