By:  Cain                                             S.B. No. 1235
         2001S0708/1                            
                                A BILL TO BE ENTITLED
 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.