S.B. No. 1066 amends the Parks and Wildlife Code by adding a new subsection that mandates performance and payment bonds for contractors working on public buildings or public works projects valued over $150,000. Specifically, the new legal language requires that the Parks and Wildlife Department, its executive director, or the director's designee must ensure that contractors execute these bonds before commencing work on such contracts. This change aims to enhance financial security and accountability in the execution of significant projects undertaken by the department.

The bill stipulates that the new requirements will only apply to contracts for which the Parks and Wildlife Department first advertises or solicits bids on or after the effective date of the Act, which is set for September 1, 2025. Contracts solicited before this date will continue to be governed by the existing law. This transitional provision ensures that ongoing projects are not disrupted by the new requirements.

Statutes affected:
Introduced: Parks and Wildlife Code 11.0171 (Parks and Wildlife Code 11)
Senate Committee Report: Parks and Wildlife Code 11.0171 (Parks and Wildlife Code 11)
Engrossed: Parks and Wildlife Code 11.0171 (Parks and Wildlife Code 11)
House Committee Report: Parks and Wildlife Code 11.0171 (Parks and Wildlife Code 11)
Enrolled: Parks and Wildlife Code 11.0171 (Parks and Wildlife Code 11)