79R3923 DRH-F

By:  Madla                                                        S.B. No. 1108



A BILL TO BE ENTITLED

AN ACT

relating to the bond of a county treasurer.                                   
	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:                        
	SECTION 1.  Section 83.002, Local Government Code, is 
amended to read as follows:
	Sec. 83.002.  BOND.  (a)  The county treasurer, before 
beginning to perform the duties of office, must execute a bond with 
a surety company authorized to do business in this state as a 
surety.  The bond [that] must be:
		(1)  approved by the commissioners court;                       
		(2)  [and] made payable to the county judge in an amount 
not to exceed one-half of one percent of the largest amount budgeted 
for general county maintenance and operations for any fiscal year 
of the county beginning during the term of office preceding the term 
for which the bond is to be given except that the amount may not be 
less than $5,000 or more than $500,000; and
		(3)  [established by the commissioners court.  The bond 
must be] conditioned that the treasurer will[:
		[(1)]  faithfully execute the duties of office[;
		[(2)  remit according to law all funds received as 
county treasurer;  and
		[(3)  render an account of all funds received to the 
commissioners court at each regular term of the court].
	(b)  The treasurer must take and subscribe the official oath, 
which must be endorsed on the bond.  The bond and the oath shall be 
recorded in the county clerk's office [The commissioners court may, 
at any time, require the treasurer to obtain a new or additional 
bond if the court considers the existing bond insufficient or 
doubtful.  The bond must be acquired within 20 days after the date 
notice of the requirement has been given by the commissioners 
court].
	SECTION 2.  The change in law made by this Act applies only 
to  a county treasurer whose term begins on or after the effective 
date of this Act.
	SECTION 3.  This Act takes effect September 1, 2005.