By: Moncrief S.B. No. 22
A BILL TO BE ENTITLED
AN ACT
1-1 relating to a performance bond required of county contractors.
1-2 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-3 SECTION 1. Subsection (b), Section 262.032, Local Government
1-4 Code, is amended to read as follows:
1-5 (b) Within 30 <10> days after the date of the signing of a
1-6 contract or issuance of a purchase order following the acceptance
1-7 of a bid or proposal and prior to commencement of the actual work,
1-8 the bidder or proposal offeror shall furnish a performance bond to
1-9 the county, if required by the county, for the full amount of the
1-10 contract if that contract exceeds $50,000.
1-11 SECTION 2. The importance of this legislation and the
1-12 crowded condition of the calendars in both houses create an
1-13 emergency and an imperative public necessity that the
1-14 constitutional rule requiring bills to be read on three several
1-15 days in each house be suspended, and this rule is hereby suspended.