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.