The RRG used to like bounties but has given up trying to raise it as it decays too quickly. I had a 2 week vacation a few weeks ago and low and behold my bounty was erased again. They should just get rid of it if it's going to do nothing... System is pointless the way it works now.
It's the same as it was on OSI on this era. Which is: You get a short term and a long term for every murder, 5 longs make you red and 5 shorts put you in stat. Longs work off in 40 hours, shorts in 8. If you res with more than 5 shorts, you take stat loss and have to work your skills back.