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TLR Weekly News Roundup: June 18, 2025

TLR Weekly News Roundup: June 18, 2025

Texas Businesses Are in Stronger Shape After 89th Legislative Session (The Dallas Morning News)

What happened: During the 89th Texas legislative session, lawmakers passed some of the most impactful and beneficial changes to Texas corporate law in history. Read more

What happened: During the 89th Texas legislative session, lawmakers passed some of the most impactful and beneficial changes to Texas corporate law in history. Read more

Tell me more: 

  • TLR-supported SB 29 codifies the business judgment rule, preventing wholly inappropriate derivative lawsuits aimed at imposing social or political outcomes on businesses.
  • TLR-supported HB 40 further positions the Texas Business Court as the strongest competitor to Delaware’s Chancery Court, offering businesses greater legal clarity and corporate efficiency.

TLR Thoughts: SB 29 and HB 40 are critical, pro-business reforms adopted this session, helping to make Texas “the premier geographic location on the planet to create, grow, build, or maintain a business.”

What happened: Gov. Greg Abbott has signed into law HB 11, legislation that will help alleviate the incredible burden that licensed professionals face when they move to the Lone Star State. Read more

Remind me: Texas has one of the most burdensome occupational licensing systems in the country, with 858 license types reported in 2024. 

  • Notably, licensed professionals moving to Texas often face duplicative, expensive and time-consuming licensing requirements, delaying their ability to quickly get to work and contribute to the economy. 

Why it matters: The reforms included in HB 11 will help break down unnecessary regulatory barriers, allowing qualified professionals to work more quickly and to meet Texas’ growing workforce demands. 

TLR Thoughts: TLR was proud to support HB 11 this session through the Coalition for Regulatory Efficiency and Reform. Modernizing licensing requirements will help unlock greater economic opportunity throughout the state, and signal that Texas “values talent over regulations and bureaucracy.”

What happened: A new poll released by Protecting American Consumers Together (PACT) underscores the strong, bipartisan support that exists among registered California voters for lawsuit abuse reform to help address the state’s affordability crisis. Read more

By the numbers:

  • 90% say their cost of living has increased over the past year.
  • 72% identify lawsuit abuse as a key driver of rising household costs.
  • 83% want the Legislature to enact reforms to eliminate the estimated $5,500 “hidden tax” lawsuit abuse imposes on California families.
  • 86% believe their legislators should prioritize stopping lawsuit abuse over protecting personal injury lawyers.

TLR Thoughts: The data is clear: Americans overwhelmingly recognize the link between lawsuit abuse and higher costs of living, and they want reform. While this survey focuses on California, other states also recognize the critical need for meaningful reform—including Texas. Without commonsense legal reforms, families and job creators alike face rising costs driven by an abusive legal system. TLR remains committed to advancing reforms that protect Texas consumers and promote fairness and transparency in our courts.