By Nelson S.B. No. 603 76R6079 AJA-D A BILL TO BE ENTITLED 1-1 AN ACT 1-2 relating to the requirement that holders of certain alcoholic 1-3 beverage permits or licenses furnish a bond. 1-4 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-5 SECTION 1. Sections 204.01(f) and (i), Alcoholic Beverage 1-6 Code, are amended to read as follows: 1-7 (f) The holder of a wholesaler's or class B wholesaler's 1-8 permit, the holder of a winery or wine bottler's permit, or the 1-9 holder of a distributor's license is not required to furnish a bond 1-10 if for the preceding 36 months the permittee or licensee has paid 1-11 all taxes and fees required by this code on or before the due date. 1-12 (i) A permittee or licensee who qualifies for an exemption 1-13 under Subsection (f) of this section is also exempt from the 1-14 bonding requirement for any other wholesaler's permit, class B 1-15 wholesaler's permit, winery permit, wine bottler's permit, or 1-16 distributor's license currently held by or subsequently issued to 1-17 the same permittee or licensee for use at licensed premises 1-18 different from and additional to those covered by the permit or 1-19 license under which the permittee or licensee qualified for 1-20 exemption. However, if a permittee or licensee fails to pay a tax 1-21 or fee imposed by this code on or before the due date and the 1-22 permittee or licensee holds multiple permits or licenses, the 1-23 requirement for a bond or tax security shall be imposed or 1-24 reimposed under Subsection (g) of this section only on the permit 2-1 or license covering the licensed premises for which the tax or fee 2-2 and any applicable penalty were not timely paid. 2-3 SECTION 2. This Act takes effect September 1, 1999. 2-4 SECTION 3. The importance of this legislation and the 2-5 crowded condition of the calendars in both houses create an 2-6 emergency and an imperative public necessity that the 2-7 constitutional rule requiring bills to be read on three several 2-8 days in each house be suspended, and this rule is hereby suspended.