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Proposed Legislation › State and Local Government › Foreign Investment

Sheppard Mullin Richter & Hampton LLP

Big State, Big Scrutiny: Texas Steps into the Foreign Investment Review Arena

Sheppard Mullin Richter & Hampton LLP on

Recently, the Texas House of Representatives introduced HB 5007, along with its companion bill SB 2117. The legislation—“Relating to the establishment of the Texas Committee on Foreign Investment to review certain...more

Katten Muchin Rosenman LLP

Will Texas Become the First State To Enact a “Mini-CFIUS” Review Process?

Katten Muchin Rosenman LLP on

On March 13, 2025, the Texas Legislature introduced HB 5007, which, if enacted, could establish the first US state regime tasked with screening foreign investments on national security grounds....more

Jones Day

New Illinois Corporate Income Tax Bills Seek to Tax Foreign Income

Jones Day on

Enactment of proposed Illinois legislation that would tax worldwide or tax haven income of corporations could prompt international and constitutional controversies. Proposed legislation in the Illinois General Assembly...more

Mintz

Proposed U.S. Tax Reform May Impact Investments in U.S. Real Estate

Mintz on

Last week, the long-awaited proposed bill for a comprehensive reform of the U.S. tax code (the “Proposed Tax Reform”) was finally released. While the Proposed Tax Reform is likely to be heavily negotiated further and possibly...more

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