Enrolled Bill Summary

Senate Bill 1268 amends the Government Code to prohibit any requirement that a contractor or subcontractor for a public building or other construction contract obtain a surety bond from any specific insurance or surety company, agent, or broker. The prohibition applies to the General Services Commission, other state agencies in the executive branch, certain entities in the judicial branch, and university systems and institutions of higher education, and to other governmental entities authorized statutorily to enter into public work contracts, including counties, municipalities, and school districts. The bill requires the commission to establish a program to provide surety technical services for the benefit of small businesses and historically underutilized businesses.