SRC-PNG S.B. 778 76(R) BILL ANALYSIS Senate Research Center S.B. 778 By: Madla Intergovernmental Relations 6/18/1999 As Filed DIGEST Currently, under Texas law, upon election to the office of county treasurer, a newly elected treasurer must post a bond within 20 days after the certificate of the election is received. However, this deadline expires prior to the newly elected treasurer taking office, resulting in the treasurer-elect being required to pay for the bond out of personal funds. This bill requires the county treasurer to post the bond before performing the duties of office. PURPOSE As enrolled, S.B. 778 requires a county treasurer to execute a bond before performing the duties of office. RULEMAKING AUTHORITY This bill does not grant any additional rulemaking authority to a state officer, institution, or agency. SECTION BY SECTION ANALYSIS SECTION 1. Amends Section 83.002(a), Local Government Code, to require the county treasurer to execute a bond that must be approved by the commissioners court and made payable to the county judge in an amount established by the commissioners court, before beginning to perform the duties of office. Deletes text establishing a due date for completion of the execution of the bond. SECTION 2. Makes application of this Act prospective. SECTION 3. Emergency clause. Effective date: upon passage.