BILL ANALYSIS
Senate Research Center H.B. 1139
79R7011 KEG-F By: McReynolds (Staples)
AUTHOR'S/SPONSOR'S STATEMENT OF INTENT
H.B. 2376, enacted by the 78th Legislature, Regular Session, 2003, modified requirements that various state agencies purchase surety bonds for officers and employees. The enacted bill included a repeal of Section 31.017(b), Natural Resources Code, that required the General Land Office to secure a surety bond of $25,000 for its receiver. The 78th Legislature, Regular Session, 2003, also passed H.B. 2044, which reorganized and updated Chapter 31, Natural Resources Code, but inadvertently omitted a repeal of Section 31.017(b) to conform with H.B. 2376. Section 31.017(b) was not repealed as intended by the passage of H.B. 2376 because H.B. 2044 passed after the final passage of H.B. 2376.
As proposed, H.B. 1139 repeals Section 31.017(b), Natural Resources Code, the surety bond requirement of the General Land Office, as intended by H.B. 2376. It also repeals Section 31.013, Natural Resources Code, which describes the process by which the $25,000 bond is obtained.
RULEMAKING AUTHORITY
SECTION BY SECTION ANALYSIS
SECTION 1. Repealer: Sections 31.013 (Bonds) and 31.017(b) (requiring the receiver for the General Land Office to execute a bond for $25,000), Natural Resources Code.
SECTION 2. Effective date: upon passage or September 1, 2005.