What happened: Business leaders across Texas are calling on lawmakers to pass Senate Bill (SB) 30, common-sense legislation that will shed light on improper lawyer-provider coordination and arm juries with market-based evidence about the true value of medical services. SB 30 has passed the Senate and was today voted favorably out of the House Judiciary & Civil Jurisprudence Committee. The bill now awaits consideration by the full House.
Tell me more: The meaningful reforms in SB 30 will help curb meritless lawsuits and prevent unjustified damage awards. By uniformly providing relevant information to juries, fairer trials will be held in courtrooms across Texas, alleviating the vehicle insurance crisis that confronts every business in Texas, from the smallest to the largest.
Worth noting: SB 30 is one part of a two-step solution that will help restore balance to Texas’s courts – while ensuring that injured parties receive fair compensation. The other crucial step: SB 29, which has been signed into law by Governor Abbott, and which serves as a complement to Texas’s new specialized Business Court system by enhancing Texas’s corporate governance laws.
TLR Thoughts: Texas has worked hard to earn its reputation as a beacon for business—but that competitive edge is at risk. SB 29 and SB 30 together will help keep Texas’s economy from being derailed by an out-of-control litigation system while maintaining appropriate remedies for those truly harmed by others’ negligence. These reforms will give businesses the predictability they need to grow and create jobs.
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