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Big State, Big Scrutiny: Texas Steps into the Foreign Investment Review Arena
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Big State, Big Scrutiny: Texas Steps into the Foreign Investment Review Arena
On March 13, 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 transactions involving certain foreign entities; creating a civil penalty”—is currently under committee review. If enacted, the Lone Star State would become the first state to establish its own interagency committee to screen foreig…
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