State of Texas

BofA and Morgan Stanley left the Net-Zero Banking Alliance, but there was no word from the Texas attorney general on their status as bond underwriters in the state.

Six Texas cities sued the state comptroller over a rule that altered where sales taxes would be collected on certain online purchases.

The bank's termination of its membership in the Net-Zero Banking Alliance ended a state review that could have led to a ban for governmental contracts.

A lawsuit filed by a business group in federal court in August claims a 2021 Texas law violates free speech protections.

General fund revenue growth of only 1.1% in the fiscal year that ended Saturday, marks a continued slowdown since fiscal 2022's 26.4% increase.

The lawsuit contends a state law that punishes banks and others for "boycotting" the fossil fuel industry violates free speech provisions in the U.S. Constitution.

The Texas Water Development Board expects to sell up to $1.8 billion of tax-exempt and taxable bonds in September.

Overall state general fund revenue is on track with an October estimate, while the projection for the fiscal 2024-2025 yearend balance faces changes.

The state's new law requires companies like investment banks to provide written verification of their positions, part of a trend among similar bills aimed at preventing Wall Street banks from lying about their positions, said a firearms industry lobbyist.

Its state university systems face a funding freeze for noncompliance with a 2023 state law banning diversity, equity, and inclusion offices.