Senate Bill 491 and House Bill 1492 introduce some much-needed transparency into asbestos litigation. They ensure that the outcome of the litigation matches its purpose: to make injured Texas whole, not secure a financial boon at a defendant or forthcoming claimant’s expense.
Bringing Down the House (Price)
A decade ago, the typical Texas home value was about $181,000. Today, it’s ballooned to around $302,000. As home prices increase so too does the barrier to entry get higher. A recent study estimates it would take 7 years for a median-income Texas household to save up for a 20% down payment. But you don’t...