It’s no secret that the Texas economy is one of the largest economies in the world, and that Texas is one of the friendliest places to do business. According to the Office of the Texas Governor, “There are already more than 1,900 foreign corporations doing business in the state—a number that only continues to grow as more and more international firms choose Texas for their next business investment” (2023). While Texas welcomes foreign corporations who wish to invest in our economy, some lawmakers are concerned about the sincerity of their actions. House Bill (HB) 243 seeks to grant the Texas attorney general the power “to acquire by eminent domain certain real property owned by aliens or foreign entities” in order to ensure that laws are not broken and that Texas’s critical infrastructure is protected (HB 243, 2025, p. 1). Eminent domain is “the right or power of a sovereign state to appropriate private property for the promotion of the general welfare” (Tex. Highway Dep’t v. Weber, 1949). In Texas, this power is exercised by state and local governments, as well as private entities in limited circumstances. As global dynamics intensify, the ownership of real property—especially real property in proximity to critical infrastructure by foreign entities—poses potential security risks and legal challenges. By enabling state intervention when properties are used unlawfully or when essential infrastructure are threatened, this legislation seeks to safeguard state interests and to maintain the integrity of vital systems. HB 243 ensures that foreign ownership does not compromise the safety and functionality of assets fundamental to Texas’s economy and public welfare.
These 12 Small & Mid-Sized Cities and Counties are Threatening Huge Tax Hikes
Many small and mid-sized cities and counties are right now considering tax rates that, if ultimately adopted, will result in homeowners paying higher taxes. In some cases, those threatened tax hikes are dramatic. To better understand which Texas taxpayers are in the danger zone, I recently surveyed numerous Notices of Public Hearing on Tax Increase,...