Adopted

COMMITTEE AMENDMENT NO 1 PROPOSED TO

House Bill No.  136

BY: Committee

     Amend by striking all after the enacting clause and inserting in lieu thereof the following:

SECTION 1.  (1)  Notwithstanding any other provision of law to the contrary, any public officer or employee handling or having the custody of public funds, by virtue of his or her office or employment, shall give an individual bond.  Such bond for the public officer or employee shall be in the amount of Twenty-five Thousand Dollars ($25,000.00), unless a specific amount is otherwise required by law.  The provisions of this section shall not apply to any public officer or employee whose activity of handling or having custody of public funds is incidental to his or her employment or job duties, as defined by the regulations of the State Auditor's office.

     (2)  All individual bonds as required by this section shall follow the form and content as provided in Section 25-1-15. 

     SECTION 2.  This act shall take effect and be in force from and after July 1, 2021, and shall stand repealed on June 30, 2021.

     Further, amend by striking the title in its entirety and inserting in lieu thereof the following:

     AN ACT TO REQUIRE ANY PUBLIC OFFICER OR EMPLOYEE HANDLING OR HAVING THE CUSTODY OF PUBLIC FUNDS, BY VIRTUE OF HIS OR HER OFFICE OR EMPLOYMENT, TO GIVE BOND IN A CERTAIN AMOUNT; AND FOR RELATED PURPOSES.