Riley also pointed out that there are only a handful of bondsmen in the state and their annual licensing fees alone would not offset the cost of the new personnel and equipment needed to create the new regulatory branch of the insurance commission.
The legislative report notes Riley's objections, but apparently charges lawmakers with finding a solution.
"The [Legislature] will need to take this into consideration," the report states.
The report found that 20 of West Virginia's 55 counties have not established rules for commercial bail bondsmen, with only four counties requiring the bondsmen to periodically renew a license or membership that qualifies them to work in the court system.
Some counties, like Kanawha County, do not have any bail bondsmen.
Several years ago, the county circuit judges created regulations that essentially forced the existing bonding companies to pool their assets in a court-monitored business partnership and share the 6 percent bonding fees that they received from their criminally charged clients.
Bonding companies have been absent in the county for at least 15 years."The requirement to participate in the partnership is likely discouraging commercial bail bondsmen from operating in Kanawha County," the report states.