1-1                                   AN ACT
 1-2     relating to waiving the requirement of a bond for certain alcoholic
 1-3     beverage permit holders and licensees.
 1-4           BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
 1-5           SECTION 1.  Chapter 204, Alcoholic Beverage Code, is amended
 1-6     by adding Section 204.07 to read as follows:
 1-7           Sec. 204.07.  WAIVER OF BOND REQUIREMENT.  The commission may
 1-8     waive the requirement that a licensee or permittee furnish a bond
 1-9     under this chapter if the commission by rule determines the
1-10     submission of the bond is no longer necessary.
1-11           SECTION 2.  This Act takes effect September 1, 2001.
         _______________________________     _______________________________
             President of the Senate              Speaker of the House
               I hereby certify that S.B. No. 1235 passed the Senate on
         April 20, 2001, by the following vote:  Yeas 30, Nays 0, one
         present, not voting.
                                             _______________________________
                                                 Secretary of the Senate
               I hereby certify that S.B. No. 1235 passed the House on
         May 23, 2001, by a non-record vote.
                                             _______________________________
                                                Chief Clerk of the House
         Approved:
         _______________________________
                      Date
         _______________________________
                    Governor