Abbott Signs SB 18: $500M Program to Boost Texas Manufacturing, Create 10,000 Jobs

Abbott Signs SB 18: $500M Program to Boost Texas Manufacturing, Create 10,000 Jobs

Governor Abbott Enacts Landmark $500 Million Texas Business Incentive Program Governor Greg Abbott on Thursday signed Senate Bill 18 (SB 18) into law, a pivotal legislative action designed to significantly enhance economic development opportunities across the state of Texas. The signing ceremony marked a critical step in the state’s strategy to attract and retain businesses,…

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Texas Boosts Advanced Manufacturing, Grid Security with Landmark Act Signed by Governor Abbott

Texas Boosts Advanced Manufacturing, Grid Security with Landmark Act Signed by Governor Abbott

Governor Abbott Enacts Key Economic and Infrastructure Legislation AUSTIN, TX – On April 15, 2025, Texas took a significant step towards solidifying its position as a national leader in technological innovation and energy independence with Governor Greg Abbott’s signing of the Texas Economic Resilience Act (HB 123) into law. The signing, which followed the bill’s…

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Texas Approves Major Tax Incentives for Advanced Manufacturing, Aiming for Economic Diversification

Texas Approves Major Tax Incentives for Advanced Manufacturing, Aiming for Economic Diversification

Texas Legislature Greenlights Landmark Manufacturing Incentives Bill A significant legislative step was taken in Texas on March 29, 2025, as the state Legislature gave final approval to House Bill 123. This pivotal piece of legislation is expressly designed to bolster the state’s efforts to attract advanced manufacturing companies, particularly those operating in high-technology sectors deemed…

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