By Shields H.B. No. 3704
Line and page numbers may not match official copy.
Bill not drafted by TLC or Senate E&E.
A BILL TO BE ENTITLED
1-1 AN ACT
1-2 relating to the requirement for the name, address and phone number
1-3 of the bondsman to appear on the face of performance and payment
1-4 bonds.
1-5 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-6 SECTION 1. Section 2553.021, Government Code is amended to
1-7 add the following:
1-8 (f) All bonds required under this chapter shall include the
1-9 name, street address and telephone number of the bondsman clearly
1-10 displayed on the face of the bond:
1-11 SECTION 2. Section 2553.024(a)(2) Government Code is amended
1-12 to read as follows:
1-13 (2) a copy of the payment and performance bonds for
1-14 the public work, including bonds furnished by or to the prime
1-15 contractor. The bonds shall include the name, street address and
1-16 telephone number of the bondsman clearly displayed on the face of
1-17 the bond.
1-18 SECTION 3. Section 2553.026(b) Government Code is amended to
1-19 read as follows:
1-20 (b) The copy of the payment bond or public work contract is
1-21 [prima facie] prima facie evidence of the content, execution, and
2-1 delivery of the original. The bonds shall include the name, street
2-2 address and telephone number of the bondsman clearly displayed on
2-3 the face of the bond.
2-4 SECTION 4. This Act takes effect September 1, 1999.
2-5 SECTION 5. The importance of this legislation and the
2-6 crowded condition of the calendars in both houses create an
2-7 emergency and an imperative public necessity that the
2-8 constitutional rule requiring bills to be read on three several
2-9 days in each house be suspended, and this rule is hereby suspended,
2-10 and that this Act take effect and be in force from and after its
2-11 passage, and it is so enacted.