By Hilderbran                                         H.B. No. 1719
                                 A BILL TO BE ENTITLED
    1-1                                AN ACT
    1-2  relating to altering the business form of the holder of a permit
    1-3  allowing the sale or service of alcoholic beverages for on-premise
    1-4  consumption.
    1-5        BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
    1-6        SECTION 1.  Chapter 11, Alcoholic Beverage Code is amended by
    1-7  adding a new Section 11.12 to read as follows:
    1-8        Section 11.12.  CHANGE IN FORM OF OWNERSHIP.  The holder of a
    1-9  permit allowing the sale or service of alcoholic beverages for
   1-10  on-premise consumption may alter the form of business under which a
   1-11  permit is held if the ownership of the new form of business is
   1-12  substantially similar to that of the prior form.  For the purposes
   1-13  of this section, substantially similar means a 90 percent ownership
   1-14  interest by the same person or persons in both the prior business
   1-15  form and the new business form.  A person changing the form of
   1-16  ownership of a business holding a permit allowing the on-premise
   1-17  sale or service of alcoholic beverages shall pay a fee of $100 for
   1-18  each licensed premise and the new business form shall succeed to
   1-19  all the privileges of the prior business form in the permit.
   1-20        SECTION 2.  The importance of this legislation and the
   1-21  crowded condition of the calendars in both houses create an
   1-22  emergency and an imperative public necessity that the
   1-23  constitutional rule requiring bills to be read on three several
    2-1  days in each house be suspended, and this rule is hereby suspended.