Bill > SB721

This bill proposes to prohibit entities that assist, refer, or encourage women to obtain abortions from receiving various economic and tax incentives in Texas. Specifically, the bill amends multiple sections of the Texas Government, Tax, and Labor Codes to prevent businesses, events, and organizations from accessing state funding, grants, project accounts, skills development funds, and tax incentives if they are deemed to be providing abortion-related services or referrals. The bill defines a broad range of business entities, including corporations, partnerships, and limited liability companies, and establishes that any entity engaging in abortion-related assistance will be ineligible for these financial benefits. The changes will apply only to new loans, grants, designations, tax incentives, and agreements made after the bill's effective date, which will occur either immediately if it receives a two-thirds vote in the Texas Legislature or on September 1, 2025, if it does not. The legislation aims to create economic disincentives for organizations involved in abortion-related activities by restricting their access to state financial resources and support.

Government Affairs

https://capitol.texas.gov/BillLookup/History.aspx?LegSess=89R&Bill=SB721