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House Bill 2659 |
House Author: Krusee |
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Effective: 6-17-05 |
Senate Sponsor: Lindsay |
House Bill 2659 amends the Transportation Code to clarify that the provision authorizing an alternative to certain general requirements for performance bonds under a private maintenance contract also applies to payment bonds under such a contract. The bill removes language relating solely to a performance bond. The bill specifies that a claim against a performance or payment bond issued under a private maintenance contract must be filed against the bond in effect on the date the basis for the claim arose.