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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

Orrick, Herrington & Sutcliffe LLP

Texas expands its banking commissioner’s powers into money services

Orrick, Herrington & Sutcliffe LLP on

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

Orrick, Herrington & Sutcliffe LLP

Summary of Legislation Relating to Public Finance Enacted by the 89th Texas Legislature (Regular Session)

Orrick, Herrington & Sutcliffe LLP on

This article briefly summarizes a select list of legislation relating to public finance enacted by the 89th Legislature (Regular Session) that became law. Bills are arranged by subject matter, in numerical order within each...more

Fox Rothschild LLP

Texas Medical Cannabis Expansion Bill Would Unlock 12 New Licenses

Fox Rothschild LLP on

Texas is on the brink of expanding its medical cannabis program in a significant way. House Bill 46 (HB 46) passed both chambers of the Texas Legislature and now awaits action by Gov. Greg Abbott. He has until June 22 to sign...more

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

King & Spalding

Texas Bills Introduce New Requirements for Healthcare Transactions

King & Spalding on

On February 12, 2025, the Texas House of Representatives introduced Texas House Bill 2747 (H.B. 2747), which requires healthcare entities to submit written notice to the Texas attorney general ninety days prior to a material...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

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