BILL NUMBER: SB 184 CHAPTERED BILL TEXT CHAPTER 46 FILED WITH SECRETARY OF STATE JULY 18, 2005 APPROVED BY GOVERNOR JULY 18, 2005 PASSED THE ASSEMBLY JULY 5, 2005 PASSED THE SENATE MAY 9, 2005 INTRODUCED BY Senator Murray FEBRUARY 10, 2005 An act to amend Section 1700.15 of the Labor Code, relating to talent agencies. LEGISLATIVE COUNSEL'S DIGEST SB 184, Murray Talent agencies. Existing law requires talent agencies to deposit with the Labor Commissioner, prior to the issuance or renewal of a license, a surety bond in the amount of $10,000. This bill would instead require talent agencies to deposit a surety bond in the amount of $50,000. THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS: SECTION 1. Section 1700.15 of the Labor Code is amended to read: 1700.15. A talent agency shall also deposit with the Labor Commissioner, prior to the issuance or renewal of a license, a surety bond in the penal sum of fifty thousand dollars ($50,000).