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.