This legislation was stripped and substituted with language that changes the required collateral for professional bonding companies.  Professional bonding companies that are new to a county or have operated continuously less than 18 months in the county must meet terms and conditions set by the sheriff.  Once a company has operated for 18 months or longer the cash escrow or other form of collateral shall not exceed 10 percent of the outstanding bail bond liability. This bill also prohibits bonding companies from purchasing insurance policies in lieu of establishing a cash escrow account or posting other collateral; provided however that bonding companies which had an insurance policy in place as collateral as of December 31, 2013 may continue to do so at the discretion of the sheriff.