Blog

Last month marked the 13th anniversary of the Deferred Action for Childhood Arrivals (DACA) policy – a policy that has made a lasting, positive impact on Texas’ workforce, economy, and communities. At the Texas Association of Business, we celebrate those who have a positive impact on Texas’ business landscape, and we work every day to…

With the prospect of Zohran Mamdani’s victory in the upcoming New York City mayoral election inching closer to reality, Wall Street’s already cracked foundation is about to crumble. As the Wall Street Journal reported the day after last Tuesday’s primary election: “Mamdani’s platform includes increasing taxes on those making more than $1 million a year. He has said…

Yesterday, Governor Abbott signed several important new pieces of pro-business legislation into law, including a massive increase to the inventory tax exemption for businesses to $125,000 – 50 times the previous amount (HB 9), which voters will have an opportunity to enshrine in the Texas Constitution in the upcoming November Election (HJR 1). Alongside HB…

Texas leads the nation in job creation, population growth, and attracting business investments from all over the nation and globe. We’ve been the unrivalled top destination for foreign direct investment (FDI) and the nation’s top exporting state for 23 years and counting, due in no small part to pro-business policies that welcome and encourage companies…

This week, Governor Abbott officially proclaimed May 4-10, 2025, as Small Business Week in the Lone Star State – shining a well-deserved spotlight on the true engine of our economy. As Co-Chairs of the Governor’s Small Business Freedom Council, we’re proud to honor the bold entrepreneurs who power Texas forward. These men and women aren’t…

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…

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…

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…

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…

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…