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                                                                  S.B. No. 1045




AN ACT

relating to insurance or other coverage in lieu of a bond 
requirement for officers, employees, and consultants of certain 
conservation and reclamation districts.
	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:                        
	SECTION 1.  Section 49.057, Water Code, is amended by 
amending Subsection (e) and adding Subsection (i) to read as 
follows:
	(e)  Except as provided by Subsection (i), the [The] board 
shall require an officer, employee, or consultant, including a 
bookkeeper, financial advisor, or system operator, who routinely 
collects, pays, or handles any funds of the district to furnish good 
and sufficient bond, payable to the district, in an amount 
determined by the board to be sufficient to safeguard the district.  
The board may require a consultant who does not routinely collect, 
pay, or handle funds of the district to furnish a bond.  The bond 
shall be conditioned on the faithful performance of that person's 
duties and on accounting for all funds and property of the district.  
Such bond shall be signed or endorsed by a surety company authorized 
to do business in the state.
	(i)  The board may obtain or require an officer, employee, or 
consultant of the district to obtain insurance or coverage under an 
interlocal agreement that covers theft of district funds by 
officers, employees, or consultants of the district in lieu of 
requiring a bond under Subsection (e) if the board determines that 
the insurance or coverage under an interlocal agreement would 
adequately protect the interests of the district.
	SECTION 2.  This Act takes effect immediately if it receives 
a vote of two-thirds of all the members elected to each house, as 
provided by Section 39, Article III, Texas Constitution.  If this 
Act does not receive the vote necessary for immediate effect, this 
Act takes effect September 1, 2005.





______________________________    ______________________________
President of the Senate             Speaker of the House
	I hereby certify that S.B. No. 1045 passed the Senate on 
April 28, 2005, by the following vote:  Yeas 31, Nays 0.




______________________________ 
   Secretary of the Senate             
	I hereby certify that S.B. No. 1045 passed the House on 
May 25, 2005, by the following vote:  Yeas 144, Nays 0, two 
present not voting.




______________________________ 
   Chief Clerk of the House            



Approved:


______________________________ 
            Date



______________________________ 
          Governor