HB 105 Will Modernize and Improve Texas’ Ability to Attract Businesses and Create Jobs
This week, Texas Association of Business (TAB), joined by nearly 70 chambers of commerce, economic development organizations, and major employers across the state, recently sent a joint letter calling on the 89th Texas Legislature to pass House Bill 105 – reaffirming that Texas is open for business. Our nation is facing a new era of…
For Texas, Energy Dominance Means Embracing – Not Limiting – Renewable Energy Power Generation
As the undisputed energy capital of North America – and perhaps the world – Texas has derived much of its strength from embracing an all-of-the-above-and-below approach to energy. This approach has fueled the economic miracle, making Texas the 8th largest economy in the world. In fact, when you look at the Electric Reliability Council of…
Texas is Leading the U.S. toward a New Frontier in Space Innovation
The final frontier has not just been a dream for the Lone Star State — it’s a part of our legacy. Then-Senate Majority Leader Lyndon Johnson guided the creation of U.S. space policy after the Sputnik, the world’s first satellite, was launched by the Soviet Union in 1957. Since then, Texas has been at the…
From Classroom to Career: How Texas is Leading the Nation in Workforce Innovation
Last session, the Texas Legislature made a bold move to reshape the future of our state’s workforce development with the passage of HB 8. This landmark legislation introduced an innovative, outcomes-based funding model for community colleges, backed by an unprecedented $683 million investment. For the first time, the Lone Star State began rewarding colleges based…
Why Extending R&D Tax Incentives is Crucial for Texas’ Economic Future
Texas has long been known for its booming economy that supports a wide and diverse range of industries. As our state solidifies its position as a global hub for innovation, it’s important we take the steps necessary to secure our leadership in the years and decades to come. Investment in Research and Development (R&D) helps…
Fortifying Texas’ Energy Future: SB 1202 Empowers Homeowners and Energy Security
Independence and ingenuity are the lifeblood of Texas, fueling the innovation, resilience and reliability that define our businesses and communities. Without either, we risk stalling the engine that drives the Lone Star State forward. When it comes to maintaining a prosperous Texas energy environment for Texas businesses and residents, policy matters, and the laws our…
Addressing the Texas-sized Healthcare Mandate Problem for Employers and HardWorking Texans
Despite our state’s continued position as the top state for business, Texas grapples with some of the highest healthcare costs in the nation, ranking fifth overall. As a result, employer plan costs increased 16% in the last three years, forcing many businesses to drop coverage altogether. As a result, many hard-working Texas families are currently…
#DEXIT: As Companies Leave Delaware, Texas to Become Premiere Destination for Business Incorporations
The Lone Star State isn’t just open for business – it’s setting the gold standard. With a $2.6 trillion economy, 52 Fortune 500 headquarters calling our state home, and being crowned the Best Business Climate in the Nation, we are pushing the boundaries for endless innovation and flourishing businesses. For the 13th consecutive year, we’ve won…
Texas Set to Lead: Governor Abbott’s “Bigger, Better Texas” Economic Development Strategic Plan
Texas stands as a beacon of innovation — a premier destination to visit, live, work and build a business. Home to more than 50 Fortune 500 companies, our economy continues to grow at an unprecedented pace. Just last week, Texas won its 13th consecutive Governor’s Cup from Site Selection magazine, surpassing every other U.S. state in…
Texas Legislature Must Protect Texas Families, Workers and Employers by Preserving ERISA Benefits
Since 1974, the federal Employee Retirement Income Security Act (ERISA) has helped employers provide high-quality benefits for millions of Americans and Texans. This important regulatory framework has remained intact for 50 years, providing consistency that allows employers to operate confidently across state lines, minimizing the administrative burdens that would otherwise come with a patchwork of…