76R15911 JRD-F By Moncrief S.B. No. 1198 Substitute the following for S.B. No. 1198: By Naishtat C.S.S.B. No. 1198 A BILL TO BE ENTITLED 1-1 AN ACT 1-2 relating to requiring certain convalescent and nursing homes to 1-3 execute a surety bond. 1-4 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-5 SECTION 1. Subchapter B, Chapter 242, Health and Safety 1-6 Code, is amended by adding Section 242.0325 to read as follows: 1-7 Sec. 242.0325. SURETY BOND REQUIREMENT. (a) If three or 1-8 more institutions that are licensed or required to be licensed 1-9 under this chapter are owned by the same owner or controlled by the 1-10 same controlling person, the license holder of each of the 1-11 institutions must execute a surety bond issued by a surety company 1-12 authorized to do business in this state as a condition of obtaining 1-13 or renewing a license, provided that there are three or more 1-14 companies willing to provide this service to the institutions and 1-15 that the dedication of collateral by the institutions or license 1-16 holders is not a condition for the issuance of the bonds. 1-17 (b) The bond must be payable to the department in the event 1-18 a trustee is appointed for the institution under Subchapter D and 1-19 the trustee uses emergency assistance funds in accordance with 1-20 Section 242.096 to alleviate an immediate threat to the health and 1-21 safety of the residents of the institution. The term of the bond 1-22 must be coextensive with the term of the institution's license 1-23 under this chapter. The surety is liable to the department under a 2-1 bond only for the amounts of emergency assistance funds that the 2-2 department disburses on account of the institution covered by the 2-3 bond during the term covered by the bond and only in a cumulative 2-4 amount not to exceed the face amount of the bond. 2-5 (c) The board shall set the amounts of bonds under this 2-6 section according to a schedule adopted by rule. The board may not 2-7 require a bond under this section in an amount that exceeds 2-8 $50,000. The board shall schedule the amounts based on the number 2-9 of residents in an institution and on the department's experience 2-10 regarding the amounts disbursed from the emergency assistance fund 2-11 when a trustee has been appointed under Subchapter D. 2-12 (d) Before the board adopts any rule under Subsection (c), 2-13 the department on behalf of the board shall attempt to engage in 2-14 negotiated rulemaking to assist the board in drafting the proposed 2-15 rule by following the procedures prescribed by Chapter 2008, 2-16 Government Code. 2-17 SECTION 2. This Act takes effect September 1, 1999. 2-18 SECTION 3. The importance of this legislation and the 2-19 crowded condition of the calendars in both houses create an 2-20 emergency and an imperative public necessity that the 2-21 constitutional rule requiring bills to be read on three several 2-22 days in each house be suspended, and this rule is hereby suspended.