By: Berlanga (Senate Sponsor - Truan) H.B. No. 1074
(In the Senate - Received from the House March 31, 1993;
April 1, 1993, read first time and referred to Committee on
Intergovernmental Relations; April 15, 1993, reported favorably by
the following vote: Yeas 7, Nays 0; April 15, 1993, sent to
printer.)
COMMITTEE VOTE
Yea Nay PNV Absent
Armbrister x
Leedom x
Carriker x
Henderson x
Madla x
Moncrief x
Patterson x
Rosson x
Shapiro x
Wentworth x
Whitmire x
A BILL TO BE ENTITLED
1-1 AN ACT
1-2 relating to the authority of navigation districts and port
1-3 authorities to establish financial criteria for surety companies
1-4 that provide performance or payment bonds.
1-5 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-6 SECTION 1. Sections 60.411(a) and (d), Water Code, are
1-7 amended to read as follows:
1-8 (a) If a contract is for the construction of public works or
1-9 a contract amount exceeds $50,000, the bid specifications or
1-10 request for proposal may require the bidder to furnish a good and
1-11 sufficient bid bond in the amount of five percent of the total
1-12 contract price. A district or port authority may require that the
1-13 bond be executed with a surety company:
1-14 (1) authorized to do business in this state; and
1-15 (2) listed on the United States Department of Treasury
1-16 List of Approved Sureties.
1-17 (d) Bidders or proposal offerers for contracts subject to
1-18 Article 5160, Revised Statutes, are required to furnish a bond as
1-19 provided by that article, except that a district or port authority
1-20 may require that the bond be executed with a surety company listed
1-21 on the United States Department of Treasury List of Approved
1-22 Sureties.
1-23 SECTION 2. The changes in law made by this Act apply only to
1-24 contracts made on or after the effective date of this Act.
1-25 SECTION 3. This Act takes effect September 1, 1993.
1-26 SECTION 4. The importance of this legislation and the
1-27 crowded condition of the calendars in both houses create an
1-28 emergency and an imperative public necessity that the
1-29 constitutional rule requiring bills to be read on three several
1-30 days in each house be suspended, and this rule is hereby suspended.
1-31 * * * * *
1-32 Austin,
1-33 Texas
1-34 April 15, 1993
1-35 Hon. Bob Bullock
1-36 President of the Senate
1-37 Sir:
1-38 We, your Committee on Intergovernmental Relations to which was
1-39 referred H.B. No. 1074, have had the same under consideration, and
1-40 I am instructed to report it back to the Senate with the
1-41 recommendation that it do pass and be printed.
1-42 Armbrister,
1-43 Chairman
1-44 * * * * *
1-45 WITNESSES
1-46 FOR AGAINST ON
1-47 ___________________________________________________________________
1-48 Name: Floyd Buch x
1-49 Representing: Port of Corpus Christi Author
1-50 City: Corpus Christi
1-51 -------------------------------------------------------------------
1-52 Name: Greg Brubeck x
1-53 Representing: Port of Corpus Christi Author
1-54 City: Corpus Christi
1-55 -------------------------------------------------------------------