It would be bad business, and bad for the Texas economy, for the Texas Legislature to make the changes proposed in SB 555. Indemnification agreements should continue to be allowed.
Election Integrity
Ban Foreign Funding in Ballot Propositions
Despite federal laws prohibiting foreign funding of candidate elections, foreign individuals and entities are still able to fund campaigns related to state and local ballot initiatives in multiple jurisdictions, creating a loophole that hostile foreign actors can exploit to influence American elections. Key points: Federal law prohibits foreign nationals from contributing to candidate campaigns or...
April 6, 2026