By Truan S.B. No. 1823 76R4657 DRH-D A BILL TO BE ENTITLED 1-1 AN ACT 1-2 relating to the form of a proposal guaranty for a contract of the 1-3 Texas Department of Transportation. 1-4 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-5 SECTION 1. Subchapter A, Chapter 223, Transportation Code, 1-6 is amended by adding Section 223.014 to read as follows: 1-7 Sec. 223.014. FORM OF PROPOSAL GUARANTY. If the department 1-8 by rule requires a proposal guaranty as a condition of bidding for 1-9 a contract, the guaranty may be in the form of: 1-10 (1) a cashier's check or money order drawn on a 1-11 financial entity specified by the department; or 1-12 (2) a bid bond issued by a surety authorized to do 1-13 business in this state. 1-14 SECTION 2. This Act takes effect January 1, 2000. 1-15 SECTION 3. The importance of this legislation and the 1-16 crowded condition of the calendars in both houses create an 1-17 emergency and an imperative public necessity that the 1-18 constitutional rule requiring bills to be read on three several 1-19 days in each house be suspended, and this rule is hereby suspended.