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Rep. Paramore’s bill would give officials a 15-day grace period to obtain required bonds

State Government committee · March 11, 2026
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Summary

House Bill 530, sponsored by Representative Paramore, would create a 15‑day grace period for certain state officials and employees to obtain required blanket bonds before removal from office; the State Government committee gave the bill a favorable report by voice vote.

Representative Paramore introduced House Bill 530 to the State Government committee, saying the measure for the Department of Finance addresses gaps in required public‑official "blanket bonds." He said some officials and employees are unaware their bonding has lapsed and that the bill would provide "a 15‑day grace period period to come in compliance and ... get squared away."

Taylor Nichols of the Department of Finance attended to answer questions. Committee members had no further substantive questions on the floor, the sponsor moved the bill, it was seconded, and the committee passed HB 530 by voice vote.

The bill’s sponsor described the change as primarily administrative: preserving taxpayer protections by ensuring bonded officials meet statutory requirements while giving a brief window to cure inadvertent lapses. The committee recorded the favorable report and advanced the bill to the next stage of the legislative process.