1-1     By:  Cain                                             S.B. No. 1235
 1-2           (In the Senate - Filed March 7, 2001; March 12, 2001, read
 1-3     first time and referred to Committee on Business and Commerce;
 1-4     April 11, 2001, reported favorably by the following vote:  Yeas 6,
 1-5     Nays 0; April 11, 2001, sent to printer.)
 1-6                            A BILL TO BE ENTITLED
 1-7                                   AN ACT
 1-8     relating to waiving the requirement of a bond for certain alcoholic
 1-9     beverage permit holders and licensees.
1-10           BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-11           SECTION 1.  Chapter 204, Alcoholic Beverage Code, is amended
1-12     by adding Section 204.07 to read as follows:
1-13           Sec. 204.07.  WAIVER OF BOND REQUIREMENT.  The commission may
1-14     waive the requirement that a licensee or permittee furnish a bond
1-15     under this chapter if the commission by rule determines the
1-16     submission of the bond is no longer necessary.
1-17           SECTION 2.  This Act takes effect September 1, 2001.
1-18                                  * * * * *