This surety bond is required by the Comptroller of Public Accounts. The former $7,500 bond requirement has been split in half and distributed between both bonds, leaving them with a $3,750 each bond amount. The bond states that the bondholder shall pay, on a timely basis, all taxes, interest, penalties, and costs accruing against the bondholder as required by Chapters 151 and 183, Texas Tax Code. Effective 1/1/2014, the Comptroller requires not only the Mixed Beverage Gross Receipts Surety Bond but also the Mixed Beverage Sales Tax Surety Bond for all NEW businesses only. In most cases, the premium on this bond is as little as $100.
To Acquire a Texas Mixed Beverage Sales Tax Bond:
- Complete an online application.
- One of our expert commercial surety agents will call and email you with the firm quote and an agreement to sign.
- Provide payment and your signed agreement, then you will receive your bond!
** all bonds are subject to the underwriting terms and conditions of the issuing company.