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Fines can also be used as a form of tax. Money for bail may be applied toward a fine. A day-fine is a fine that, above a minimum, is based on personal income (similar to progressive taxation), [7] as opposed to a fine of a fixed amount. Day-fines are often implemented to alleviate some of the burden on people experiencing poverty, who might ...
This means that bail funds that post bail receive the money back (minus fees) when the individual bailed out returns to court and completes their case, enabling the bail fund to reuse the money for another bail. [6] Bail funds are differentiated from other methods of paying bail in that they are often unconnected to the individuals who receive ...
If the source of the funds is illegal, it is deemed less likely that the posting of such funds as bail will ensure the defendant's appearance in court, and hence bail may be denied. The court may order a hearing called a Nebbia hearing to determine the source of the prospective bail funds before making a decision on bail. [20]
Sep. 14—A local judge's explanation of the process for determining bail and bonds shows it's pretty tedious and time-consuming. A bail is a set amount of money defendants must pay to the court ...
Bond funds offer diversification, as they invest in multiple bonds, reducing the risk associated with any single bond defaulting. Bond funds also offer a wide range of options for investors.
Money bail is the most common form of bail in the United States and the term "bail" often specifically refers to such a deposit, [50]: 2 but other forms of pre-trial release are permitted; this varies by state. Many states have a "bail schedule" that lists the recommended bail amount for a given criminal charge.
The Fidelity Tax-Free Bond Fund aims to provide a high current yield that is exempt from federal income tax. The fund invests at least 80 percent of its assets in investment-grade securities whose ...
CJFOs are permitted by law in all 50 states; however, the amounts permitted may vary greatly. As of 2016, the maximum fines assessed for felony convictions ranged from $500 in Massachusetts to $500,000 in Alaska. [15] Behind Alaska, the highest maximum fines permitted were $200,000 by New Jersey, and $100,000 by Colorado and New York. [15]
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