Posts by diegoleibman
New Report Shows Renewable Energy Critical to Keeping Texas Competitive
TAB-commissioned study finds restricting renewable projects could raise power bills 10% and leave hundreds of thousands without electricity during peak demand. FOR IMMEDIATE RELEASE Media Contact: gabriela@txbiz.org April 16, 2025 AUSTIN, TEXAS – A new analysis by Aurora Energy Research, commissioned by the Texas Association of Business (TAB), finds that limiting renewable energy development in…
Read MoreSolidifying the Texas-Israel Relationship to Strengthen our Economic Future
Last week, I was honored to testify in favor of Senator Phil King’s proposed Texas SenateConcurrent Resolution 24 (SCR 24), supporting an even stronger relationship between Texas andIsrael, as well as establishing a new Texas Trade and Investment Office in Jerusalem. This resolution is an important step toward guaranteeing that the ties between Texas and…
Read More#DEXIT: As Companies Leave Delaware, Texas to Become Premiere Destination for Business Incorporations
The Lone Star State isn’t just open for business – it’s setting the gold standard. With a $2.6 trillion economy, 52 Fortune 500 headquarters calling our state home, and being crowned the Best Business Climate in the Nation, we are pushing the boundaries for endless innovation and flourishing businesses. For the 13th consecutive year, we’ve won…
Read MoreTAB Calls for Extension of R&D Tax Credits to Boost Texas Economy
New study finds extension would create thousands of jobs and generate billions in economic output over next decade AUSTIN, TEXAS – Today, the Texas Association of Business (TAB) called on Texas lawmakers to approve an extension of research and development (R&D) tax credits. These credits are responsible for massive economic growth and an extension would…
Read MoreTexas Set to Lead: Governor Abbott’s “Bigger, Better Texas” Economic Development Strategic Plan
Texas stands as a beacon of innovation — a premier destination to visit, live, work and build a business. Home to more than 50 Fortune 500 companies, our economy continues to grow at an unprecedented pace. Just last week, Texas won its 13th consecutive Governor’s Cup from Site Selection magazine, surpassing every other U.S. state in…
Read MoreTexas Legislature Must Protect Texas Families, Workers and Employers by Preserving ERISA Benefits
Since 1974, the federal Employee Retirement Income Security Act (ERISA) has helped employers provide high-quality benefits for millions of Americans and Texans. This important regulatory framework has remained intact for 50 years, providing consistency that allows employers to operate confidently across state lines, minimizing the administrative burdens that would otherwise come with a patchwork of…
Read MoreCutting Red Tape and Fueling Growth for Texas Small Businesses
In Texas, we pride ourselves on our thriving small businesses that fuel our pro-jobs, pro-business environment. In fact, the 3.1 million small businesses in Texas account for 99% of all businesses and employ nearly half of our state’s workforce. As the world’s 8th largest economy, Texas is competing with the top economies across the globe, which…
Read MoreTAB, NFIB Applaud Recommendations for Removing Barriers to Small Business Success in Governor’s Small Business Freedom Council Report
AUSTIN, TEXAS – Today, the Texas Association of Business (TAB) and the National Federation of Independent Business (NFIB) applauded the release of key legislative recommendations to enhance Texas’ business environment in a new report from Governor Abbott’s Small Business Freedom Council. Following the report’s release, TAB President & CEO Glenn Hamer and National Federation for Independent Business (NFIB)…
Read MoreAmerica and Texas’ Pivotal Moment: Embracing AI and Innovation
Texas – and our nation – are in the middle of a defining moment for our economic and technological future. The 21st century economy has rapidly evolved in recent years, bringing with it a pioneering technology that has revolutionized the way we do business, enhancing efficiencies and fueling economic growth: Artificial Intelligence (AI). With AI and…
Read MoreStrengthening Cross-Border Commerce
Texas’ position as a global economic powerhouse in part hinges on the seamless flow of tariff-free trade with our North American partners. Our largest trading partner by far is Mexico, which accounted for $281 billion worth of trade just last year. Canada is out second top trading partner accounting for $75 billion. For 23 consecutive years, Texas…
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