Scored 4/10 on whether it helps or hurts everyday people.
The Insurance Companies Bill
Tax breaks for insurance companies that invest in rural funds
Relating to rural development funds and insurance tax credits for certain investments in those funds; authorizing fees.
Mixed: some good, some bad ·
This bill would give state tax breaks to insurance companies that invest their money in special funds meant to help rural small businesses grow.
Our take
What we think, in plain words.
This bill uses tax breaks to encourage insurance companies to invest in rural small businesses. While the goal is to create jobs, these programs often serve as a lucrative tax shelter for big insurers and fund managers, leaving everyday taxpayers to make up for the lost state revenue.
Take action
Add your name. At 100 signatures we compile this petition and deliver it to the office — and every signer gets a message to send their own representatives.
0 of 100 in‑district signatures
Step 1 · Pick your position
Step 2 · Add your name
Sign in to oppose this billPicking a side above doesn't sign anything yet — a free account records your name on the petition and keeps it one signature per person. We'll bring you straight back here with your choice saved.
The facts
What the bill actually says, no spin.
- Allows insurance companies to claim tax credits in exchange for investing in rural development funds.
- Requires these funds to invest the money in small businesses located in rural areas.
- Mandates that businesses track and report the exact number of full-time jobs they create or keep.
- Defines a rural area as any place with fewer than 50,000 residents.
How they voted
The actual floor vote, and who broke from their own party.
Want to see how your representatives voted on this? Find your reps →
- Alma Allen (D): voted against it, crossing most Democrats
- Steve Toth (R): voted against it, crossing most Republicans
- Eugene Wu (D): voted against it, crossing most Democrats
- Tony Tinderholt (R): voted against it, crossing most Republicans
- Valoree Swanson (R): voted against it, crossing most Republicans
- Rhetta Bowers (D): voted against it, crossing most Democrats
- John Bucy (D): voted against it, crossing most Democrats
- Sheryl Cole (D): voted against it, crossing most Democrats
In the news
Scanning the news for this bill…
Headlines gathered from across the news, starting points to explore, not endorsements. Always read the official text before acting.
Sources
Read it yourself: the official bill and records.
This bill is in the Texas Bill Book 2026
The best and worst Texas bills of 2026, one page each — our take on the left, the bill on the right, and room for your notes. No email needed.
Get the free PDF →