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Proposed Legislation Texas Regulatory Reform

Foley & Lardner LLP

Senate Bill 6 Positions Texas to Better Manage Large Electrical Loads and Strengthen Grid Reliability

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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

Brownstein Hyatt Farber Schreck

States Can Continue Regulating AI—For Now

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

Vicente LLP

Texas Cannabis Legalization: What the SB 3 Veto Means for Hemp Businesses - UPDATED

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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

Bradley Arant Boult Cummings LLP

Did Texas Just Save America’s Hemp Industry?

Hemp advocates are surely still nursing sore throats (and the effects of whatever else they used to celebrate) after singing “God Blessed Texas” this past weekend. Moments before a bill that would essentially ban all...more

Orrick, Herrington & Sutcliffe LLP

Texas expands its banking commissioner’s powers into money services

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

Seyfarth Shaw LLP

The Week in Weed: June 2025 #3

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Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana. This week, hemp is on the agenda, both in Texas and in Congress. SAFER Banking, less so. And finally, it was so hot...more

Cooley LLP

Texas Legislature Passes Law to Rein in Proxy Advisors

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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

Polsinelli

Texas Multifamily Revolution: Governor Abbott Considers Texas Senate Bill That Could Transform Zoning for Mixed-Use Residential /...

Polsinelli on

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

Pillsbury Winthrop Shaw Pittman LLP

Water, Reused: Texas Reshapes Liability and Regulatory Rules on Produced Water, Leaves Ownership Questions Unanswered

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

Seyfarth Shaw LLP

The Week in Weed: June 2025

Seyfarth Shaw LLP on

Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana. This week, Texas is the center of gravity in the hemp world. The First Circuit rules against cannabis businesses. ...more

Seyfarth Shaw LLP

The Week in Weed: May 2025 # 5

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Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana. This week, the White Earth Nation signed a compact with the state of Minnesota allowing off-reservation cannabis...more

Sheppard Mullin Richter & Hampton LLP

Texas Legislature Proposes Disclosure Rules for Commercial Financing 

The Texas House and Senate introduced House Bill 700 and Senate Bill 2677 to regulate commercial sales-based financing transactions. The proposed legislation would impose standardized disclosure requirements, require broker...more

Baker Botts L.L.P.

Texas AI Bill Aims to Balance Ethics & Innovation

Baker Botts L.L.P. on

HB 149 seeks to regulate the ethical use of now ubiquitous artificial intelligence while promoting (rather than inhibiting) innovation in the sector. If passed by the Texas Senate, HB 149 would take a comprehensive approach...more

Troutman Pepper Locke

Texas Introduces Legislation to Regulate Sales-Based Commercial Financing

Troutman Pepper Locke on

Last month, the Texas legislature introduced two companion bills, S.B. No. 2677 and H.B. No. 700, to regulate sales-based commercial financing. For purposes of the proposed legislation, sales-based financing is a transaction...more

Frost Brown Todd

Texas Bills Propose Significant Reforms to Infrastructure Financing

Frost Brown Todd on

Two bills of note pertaining specifically to certificates of obligation are being considered by the Texas Legislature. House Bill (HB) 1453 and Senate Bill (SB) 470 are substantially similar, with some key distinctions, in...more

Sheppard Mullin Richter & Hampton LLP

US State AI Legislation: Virginia Vetoes, Colorado (Re)Considers, and Texas Transforms

The Virginia law, like the Colorado Act, would have imposed various obligations on companies involved in the creation or deployment of high-risk AI systems that influence significant decisions about individuals in areas such...more

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