What happened: Texas, known for its business-friendly reputation, is burdened by decades of regulatory accumulation that create significant challenges for small businesses and consumers.

Tell me more: Excessive regulations increase compliance costs, driving up consumer prices and limiting competition. 

• Reforms in other regions show that reducing regulatory burdens can boost economic growth and enhance business opportunities.

By the numbers: Texas has 274,469 regulatory restrictions.

• A 10% reduction could grow the economy by $52 billion by 2037.
• A 40% reduction could yield over half a trillion dollars in economic growth.

TLR Thoughts: Texas’ excessive regulatory framework threatens its economic competitiveness, especially for small businesses and consumers, which is why TLR is part of the Coalition for Regulatory Efficiency and Reform. We will support legislation aimed at systematically reducing red tape and preventing future accumulation of regulations. By adopting proven strategies, Texas can stimulate substantial economic growth and solidify its reputation as a leader in pro-business governance.

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