Austin, TX — As the Texas State Chamber, The Texas Association of Business (TAB) today released a statement thanking the Texas House for passing House Bill 5, The Texas Jobs and Security Act by Chairman Todd Hunter:
“Texas is one step closer to retaining its title as the no. 1 state for economic development,” said TAB CEO Glenn Hamer. “We thank Speaker Dade Phelan, Chairman Todd Hunter and all 77 co-authors for getting HB 5 passed out of the House. As companies consider where to locate multi-billion-dollar advanced manufacturing and energy projects, we want them to choose Texas. House Bill 5 is the deal sealer communities need.”
Over 255 organizations, including 100 chambers of commerce, support HB 5. The bill establishes a new, modern and transparent economic development program to help Texas communities attract capital-intensive projects that create jobs and long-term revenue for public services, such as schools.
TAB is the Texas State Chamber, representing companies of every size and industry. The Association’s purpose is to champion the best business climate in the world, unleashing the power of free enterprise to enhance lives for generations. Follow TAB on Facebook, Twitter, and LinkedIn.