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10 For 10: Top Compliance Stories For the Week Ending, July 12, 2025
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Share on Twitter Print Share by Email Share Back to top Prior to his June 22, 2025, deadline, Texas Governor Greg Abbott signed into law hundreds of bills passed by the Texas Legislature. Three of these, Senate Bills 15, 17,...more
On June 22, 2025, Texas Governor Greg Abbott signed into the law the Texas Responsible Artificial Intelligence Governance Act (TRAIGA) or (the Act)....more
On May 27, 2025, the Texas Legislature passed SB-6, which introduces significant changes to the planning, interconnection, operation, and cost allocation of certain large electrical loads within the Electric...more
For many years, plaintiffs’ lawyers have used Section 220 requests to harass Delaware corporations. Typically, books and records demands are intrusive and annoying—and nothing more. However, in some cases, plaintiffs have...more
S.B. 6 amends multiple sections of the Texas Utilities Code and introduces new provisions designed to ensure that large load customers fairly contribute to system costs and can be reliably managed during grid emergencies....more
The Texas Legislature recently has taken Texas-sized steps intended to make the state a more attractive place for companies to form, reincorporate, or relocate, further advancing Texas’s efforts to rival Delaware as a...more
On June 20, 2025, Texas Governor Greg Abbott signed Senate Bill 2337 (“SB 2337”), a novel regulation that will require significant disclosure obligations for proxy advisors, such as ISS and Glass Lewis, for their voting...more
Congress has passed the budget reconciliation package known as the “One Big Beautiful Bill” (H.R.1) without the controversial moratorium on state and local artificial intelligence (AI) laws originally included in the House...more
On June 20, Texas Governor Greg Abbot signed into law HB 700, adding Chapter 398 to the Texas Finance Code. Effective September 1, the statute establishes a regulatory framework for commercial sales-based financing and...more
What is Texas Senate Bill 3? As it stands, current Texas law permits hemp-derived products with less than 0.3% THC content, which are widely available at more than 8,000 locations throughout the state. In comparison to a...more
Texas recently cemented its position as a cryptocurrency and business-friendly jurisdiction with the enactment of SB 21. Signed on June 20, 2025, SB 21 establishes the Texas Strategic Bitcoin Reserve, a state-managed fund...more
On June 20, the governor of Texas signed into law HB 3805, expanding the Texas Department of Banking’s (TDB) enforcement powers over money services businesses. As stated in the state’s bill analysis, the TDB previously had...more
In a significant move to enhance patient safety, Texas Governor Greg Abbott signed House Bill 3749—known as Jenifer’s Law—on June 20, 2025. This legislation introduces comprehensive regulations for elective intravenous (IV)...more
On June 20, 2025, Texas Governor Greg Abbott signed Senate Bill 2337 ("SB 2337") to impose first-of-its-kind regulation and significant disclosure obligations on proxy advisors, such as ISS and Glass Lewis. SB 2337 aims to...more
A new state law in Texas, SB 6, significantly changes how large loads interconnect with and operate within The Electric Reliability Council of Texas (ERCOT) grid. Energy companies developing large data centers, crypto...more
On June 22, 2025, Governor Abbott signed HB 149, the “Texas Responsible Artificial Intelligence Governance Act” (the Act or TRAIGA), making Texas the third US state, after Colorado and Utah, to adopt a comprehensive...more
Your Legislature has adjourned after enacting significant bills affecting the energy industry. To sum it up, the industry has friends in high places whenever the Lege is in session (Alternative energy was in jeopardy for a...more
On June 20, 2025, Texas Governor Greg Abbott signed into law Senate Bill 2337 (SB 2337), which imposes new regulations on proxy advisory firms — such as ISS and Glass Lewis — when providing voting recommendations and other...more
Water Infrastructure - Senate Bill 7 & House Joint Resolution (HJR) 7 created the administrative structure and framework to fund water projects over the next two decades with a $20 billion package. One billion dollars will...more
Recently, the Texas Legislature passed Senate Bill 2337 (SB 2337) in an effort to regulate proxy advisors – including ISS and Glass Lewis – when they provide proxy voting recommendations for those companies that are either...more
Introduction to Texas Senate Bill SB 840 - To combat the housing shortage in Texas, the Texas Senate introduced Bill C.S.S.B. 840 (SB 840 or the bill) in April 2025. The purpose of the bill is to streamline the conversion...more
Texas emerged from its 89th legislative session with a sweeping set of laws aimed at cementing the state’s leadership in advanced nuclear energy. Through the passage of HB 14, SB 1535 and SB 1061, lawmakers demonstrated a...more
Texas has responded to rapid electrical load growth with legislative reforms. On June 1, 2025, Texas Senate Bill 6 (SB 6), passed both chambers of the Legislature with bipartisan support and was sent to Governor Abbott for...more
The Texas legislature passed a series of bills aimed at modernizing the legal and regulatory landscape for the handling and reuse of produced water—a byproduct of oil and gas operations. These developments address permitting,...more
Geothermal energy is rapidly gaining support in Texas as a viable and cost-efficient clean energy resource with substantial economic development prospects. With the ability to leverage the state’s existing oil and gas...more