What happened: Texas passed a landmark set of reforms during the 2025 Texas Legislative Session that will boost business confidence and help bring down costs. Critically, these bipartisan reforms will promote strong corporate leadership, combat shareholder proxy abuses and prohibit taxation on securities transactions.
Remind me: For more than two decades, America has seen a sharp decline in publicly traded companies thanks to rising costs, regulatory overreach and a lack of transparency. Texas is helping to restore a truly pro-business system.
In his words: “There’s a reason that Abbott calls Texas an ‘economic juggernaut.’ Companies across the world are realizing all that our great state has to offer.” – James Lee, founder and CEO of TXSE Group Inc.
TLR Thoughts: The pro-business reforms passed in Texas this session are a major victory for the state. Texas didn’t gain its reputation as a powerhouse for job creation, innovation and growth by accident—it’s the result of decades of principled leadership and smart policy choices, in part embracing tort reform more than 30 years ago.
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