1-1 By: Nelson S.B. No. 603 1-2 (In the Senate - Filed February 18, 1999; February 22, 1999, 1-3 read first time and referred to Committee on Economic Development; 1-4 April 9, 1999, reported favorably by the following vote: Yeas 6, 1-5 Nays 0; April 9, 1999, sent to printer.) 1-6 A BILL TO BE ENTITLED 1-7 AN ACT 1-8 relating to the requirement that holders of certain alcoholic 1-9 beverage permits or licenses furnish a bond. 1-10 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-11 SECTION 1. Subsections (f) and (i), Section 204.01, 1-12 Alcoholic Beverage Code, are amended to read as follows: 1-13 (f) The holder of a wholesaler's or class B wholesaler's 1-14 permit, the holder of a winery or wine bottler's permit, or the 1-15 holder of a distributor's license is not required to furnish a bond 1-16 if for the preceding 36 months the permittee or licensee has paid 1-17 all taxes and fees required by this code on or before the due date. 1-18 (i) A permittee or licensee who qualifies for an exemption 1-19 under Subsection (f) of this section is also exempt from the 1-20 bonding requirement for any other wholesaler's permit, class B 1-21 wholesaler's permit, winery permit, wine bottler's permit, or 1-22 distributor's license currently held by or subsequently issued to 1-23 the same permittee or licensee for use at licensed premises 1-24 different from and additional to those covered by the permit or 1-25 license under which the permittee or licensee qualified for 1-26 exemption. However, if a permittee or licensee fails to pay a tax 1-27 or fee imposed by this code on or before the due date and the 1-28 permittee or licensee holds multiple permits or licenses, the 1-29 requirement for a bond or tax security shall be imposed or 1-30 reimposed under Subsection (g) of this section only on the permit 1-31 or license covering the licensed premises for which the tax or fee 1-32 and any applicable penalty were not timely paid. 1-33 SECTION 2. This Act takes effect September 1, 1999. 1-34 SECTION 3. The importance of this legislation and the 1-35 crowded condition of the calendars in both houses create an 1-36 emergency and an imperative public necessity that the 1-37 constitutional rule requiring bills to be read on three several 1-38 days in each house be suspended, and this rule is hereby suspended. 1-39 * * * * *