By: Nelson S.B. No. 603
A BILL TO BE ENTITLED
AN ACT
1-1 relating to the requirement that holders of certain alcoholic
1-2 beverage permits or licenses furnish a bond.
1-3 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-4 SECTION 1. Subsections (f) and (i), Section 204.01,
1-5 Alcoholic Beverage Code, are amended to read as follows:
1-6 (f) The holder of a wholesaler's or class B wholesaler's
1-7 permit, the holder of a winery or wine bottler's permit, or the
1-8 holder of a distributor's license is not required to furnish a bond
1-9 if for the preceding 36 months the permittee or licensee has paid
1-10 all taxes and fees required by this code on or before the due date.
1-11 (i) A permittee or licensee who qualifies for an exemption
1-12 under Subsection (f) of this section is also exempt from the
1-13 bonding requirement for any other wholesaler's permit, class B
1-14 wholesaler's permit, winery permit, wine bottler's permit, or
1-15 distributor's license currently held by or subsequently issued to
1-16 the same permittee or licensee for use at licensed premises
1-17 different from and additional to those covered by the permit or
1-18 license under which the permittee or licensee qualified for
1-19 exemption. However, if a permittee or licensee fails to pay a tax
1-20 or fee imposed by this code on or before the due date and the
1-21 permittee or licensee holds multiple permits or licenses, the
1-22 requirement for a bond or tax security shall be imposed or
1-23 reimposed under Subsection (g) of this section only on the permit
1-24 or license covering the licensed premises for which the tax or fee
2-1 and any applicable penalty were not timely paid.
2-2 SECTION 2. This Act takes effect September 1, 1999.
2-3 SECTION 3. The importance of this legislation and the
2-4 crowded condition of the calendars in both houses create an
2-5 emergency and an imperative public necessity that the
2-6 constitutional rule requiring bills to be read on three several
2-7 days in each house be suspended, and this rule is hereby suspended.