HBA-RBT H.B. 1766 76(R) BILL ANALYSIS Office of House Bill AnalysisH.B. 1766 By: Lewis, Glenn Criminal Jurisprudence 3/30/1999 Introduced BACKGROUND AND PURPOSE According to a 1993 Texas Attorney General's opinion (No. DM-264), a County Bail Bond Board (board) cannot question the appraisal value or obtain an independent appraisal for the real estate an applicant for a bail bondsman's license intends to convey in trust to the board as security. In counties with a population of more than 250,000, the appraised value must be no less than $50,000 for which bonds may be written for up to 10 times the value of the property. H.B. 1766 authorizes a board to obtain an independent appraisal of real estate conveyed in trust to the board as security for bail bonds. RULEMAKING AUTHORITY It is the opinion of the Office of House Bill Analysis that this bill does not expressly delegate any additional rulemaking authority to a state officer, department, agency, or institution. SECTION BY SECTION ANALYSIS SECTION 1. Amends Section 6(d), Article 2372p-3, V.T.C.S., Chapter 550, Acts of the 63rd Legislature, Regular Session, 1973, to authorize the County Bail Bond Board (board) to obtain an independent appraisal or use the current market value according to the most recent certified county appraisal roll for real estate listed by an applicant that the applicant intends to convey in trust to the board to secure payment of any obligations incurred by the applicant in the bonding business if the license is granted. SECTION 2. Effective date: September 1, 1999. Makes application of this Act prospective. SECTION 3. Emergency clause.