From www.investmentlawwatch.com: [US context] Texas Governor Greg Abbott signed several bills on May 14, 2025, aimed at enhancing the state’s corporate legal framework to attract businesses, a movement referred to as “Dexit.”

Senate Bill 29 transforms shareholder litigation standards while Senate Bill 1058 fosters the growth of the Texas Stock Exchange by offering tax exemptions on certain exchange revenues.

House Joint Resolution 4, pending voter approval, seeks to establish a constitutional amendment to ban specific taxes on stock exchange transactions, further positioning Texas as a competitive business environment.