BILL ANALYSIS
Senate Research Center S.B. 570
79R3326 KEG-F By: Staples
AUTHOR'S/SPONSOR'S STATEMENT OF INTENT
The 77th Legislature, 2001, through H.B. 1203, required the State Office of Risk Management (SORM) to administer the purchasing of all state agency surety bonds in order to reduce the overall costs to state agencies required to purchase these bonds which ensure the performance of certain state agency employees. The 78th Legislature, 2003, under H.B. 2376 and H.B. 1203, removed all obsolete language and references from existing statutes that required the state agencies to purchase these surety bonds. Inadvertently, three sections of Chapter 31, Natural Resources Code, were not repealed in that sweeping legislation.
As proposed, S.B. 570 repeals Section 31.017(b), Natural Resources Code. This repeal will ensure that the statutes governing the General Land Office are consistent with the intent and requirements of H.B. 1203, 77th Legislature, 2001, codified under Section 412.011, Labor Code.
RULEMAKING AUTHORITY
SECTION BY SECTION ANALYSIS
SECTION 1. Repealer: Section 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.