HBA-BSM S.B. 1235 77(R) BILL ANALYSIS Office of House Bill AnalysisS.B. 1235 By: Cain Licensing & Administrative Procedures 5/2/2001 Engrossed BACKGROUND AND PURPOSE Under current law, licensees and permitees are required to submit a performance bond and a tax security bond. Senate Bill 1235 authorizes the Texas Alcoholic Beverage Commission to determine by rule if such bonds are required. RULEMAKING AUTHORITY It is the opinion of the Office of House Bill Analysis that rulemaking authority is expressly delegated to the Texas Alcoholic Beverage Commission in SECTION 1 (Section 204.07, Alcoholic Beverage Code) of this bill. ANALYSIS Senate Bill 1235 amends the Alcoholic Beverage Code to authorize the Texas Alcoholic Beverage Commission (commission) to waive the requirement that a licensee or permitee furnish a bond if the commission by rule determines the submission of the bond is no longer necessary. EFFECTIVE DATE September 1, 2001.