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Governor Greg Abbott is weighing whether to sign SB 3, a bill that would ban all THC products in Texas, sparking intense debate over the future of a thriving hemp industry and its impact on small businesses. In Houston, Abbott signed four key bail reform bills, including SB 9, aimed at tightening pretrial release rules and giving prosecutors more authority to appeal bail decisions, amid strong reactions from crime victims and civil liberties advocates. Meanwhile, the San Antonio mayoral runoff draws national attention as Democrat Gina Ortiz Jones and Republican Rolando Pablos face off in a high-stakes race.
Today’s Insights:
- Abbott Weighs THC Ban as Industry, Advocates Rally Against SB 3
- Bail Reform Bills are Becoming Law
- San Antonio Mayoral Race Gains (Even More) National Attention
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Abbott Weighs THC Ban as Industry, Advocates Rally Against SB 3
Governor Greg Abbott is facing mounting pressure as he considers whether or not to sign SB 3, a measure that would ban all THC products in Texas, including hemp-derived variants that have been legal since the state passed its agricultural hemp law in 2019. That law’s passage ignited a multibillion-dollar industry supporting thousands of small businesses and farmers statewide. While Republican leaders like Lt. Gov. Dan Patrick argue the market lacks regulation and poses risks to children, critics—including veterans groups, industry advocates, and agricultural stakeholders—warn that the legislation would devastate livelihoods and dismantle a thriving sector. The Texas Hemp Business Council has delivered over 5,000 letters and a petition with 120,000 signatures urging a veto. Abbott, who has until June 22 to make a decision, has so far withheld a clear position, stating only that SB 3 is among more than a thousand bills requiring his careful review. Observers across the political spectrum are closely watching the governor’s move, with even seasoned analysts calling the outcome uncertain.

Bail Reform Bills are Becoming Law
Governor Greg Abbott signed four major bail reform measures into law in Houston on Tuesday, marking a significant overhaul of Texas' judicial system. Chief among them is SB 9, which restricts the use of cashless bonds and permits prosecutors to appeal a judge’s decision to grant bail. SJR 5, meanwhile, will go before voters in November as a proposed constitutional amendment to allow judges to deny bail to individuals accused of violent crimes, particularly repeat offenders. At the signing ceremony, Abbott underscored the need for reform, calling it a “travesty” that accused offenders can return to their lives while victims and families are left with permanent losses. Advocacy groups like Crime Stoppers of Houston heralded the legislation as a turning point, emphasizing the bills as promises kept to those affected by violent crime. Crime victims, including Aimee Castillo, whose brother was murdered by a man out on bond—spoke emotionally about the consequences of a system they see as too lenient on repeat offenders.
However, the legislative effort was not without resistance. Two bail ban proposals, including SJR 87, were blocked by Democrats during the session, with critics raising deep concerns about the potential erosion of civil liberties and due process. State Rep. Joe Moody of El Paso warned that expanding pre-trial detention without convictions would exact a heavy toll on individual rights and public resources. In response, Lt. Gov. Dan Patrick condemned Democratic lawmakers by name for opposing the measures, urging voters, especially in Harris County, to hold them accountable for what he characterized as a refusal to protect crime victims. Patrick accused these legislators of enabling a system that releases both undocumented and U.S. citizens accused of violent crimes. While Abbott and Patrick pledged to revisit the failed measures, they stopped short of calling for a special session, leaving the fate of additional bail reforms uncertain for now.

San Antonio Mayoral Race Gains (Even More) National Attention
The San Antonio mayoral runoff has emerged as one of the most closely watched political races in Texas, drawing national media, political operatives, and even a documentary film crew. The contest pits Democrat Gina Ortiz Jones, a former congressional candidate and high-ranking military official, against Republican-aligned Rolando Pablos, former Texas Secretary of State. Jones led the initial round of voting in a crowded field, capitalizing on her progressive credentials and appeal among grassroots Democrats.
Pablos, a business attorney with deep ties to the state GOP, has shifted from a business-centered, unity-driven message to an overtly partisan campaign, aligning himself with Trump-era rhetoric and state elected leaders including Governor Greg Abbott and Lt. Gov. Dan Patrick. He has attempted to redefine Jones as an outsider, questioning her ethnicity, military record, and loyalty to San Antonio. His strategy includes rallying conservative voters on the city’s North Side while benefiting from heavy investment by a PAC linked to Abbott and the local police union. This shift underscores the GOP’s growing ambitions in urban, majority-Hispanic areas, which have shown increasing openness to Republican messaging in recent election cycles.
For Jones, the runoff has become a test of whether progressive politics can still thrive in a city long considered a Democratic stronghold but with a political culture often defined by pragmatism and bipartisanship. Though she boasts a compelling personal narrative as the daughter of a Filipina immigrant who rose through the ranks of the U.S. Air Force, she has faced resistance from parts of the city’s business elite and some Democratic leaders. Her criticism of high-dollar downtown projects and her emphasis on expanding social services and public education reflect her broader commitment to equity-focused governance, but they have complicated her relationship with traditional power brokers. Meanwhile, some Democratic voices have expressed concern over the party’s lack of cohesion and the potential consequences of losing a high-profile local office.
The San Antonio Mayoral Election is slated for June 7th
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Stellar Bancorp Inc., the parent company of Stellar Bank and one of Houston’s largest community banking institutions, became the third major Houston-based company to list on NYSE Texas, the state’s newly launched electronic stock exchange. The move, announced on June 6, 2025, positions Stellar as the first bank holding company to dual-list on the Dallas-based platform while retaining its primary listing on the New York Stock Exchange under the ticker “STEL.” This milestone comes nearly two years after Stellar’s formation through the merger of Allegiance Bancshares Inc. and CBTX Inc., and reflects a broader trend of Texas-headquartered firms embracing the state’s evolving financial infrastructure.
The Details:
- Listing Details: Trading under the “STEL” ticker, the dual listing leverages NYSE Texas’s Dallas-based electronic exchange, launched to attract firms.
- Financial Growth: With $9.5B in assets (2025 estimate), Stellar Bancorp aims to enhance liquidity and visibility, following its 2023 NYSE debut post-merger.
- Economic Impact: CEO Robert Franklin hailed the move as a milestone, boosting investor access in Texas’s thriving economy, home to over 50 Fortune 500 firms.
Why It Matters:
Stellar’s listing strengthens Texas’s emerging financial ecosystem, supporting local economic growth.
D.R. Horton Inc., the nation’s largest homebuilder by volume and a Texas-based firm for nearly five decades, also announced the dual listing of its common stock on NYSE Texas. The company will maintain its primary listing on the New York Stock Exchange and continue trading under the ticker symbol “DHI.” In a statement, Chairman David Auld called the move a reflection of the company’s long-standing roots in Texas and its commitment to the state’s dynamic growth. “We are pleased to be a Founding Member of NYSE Texas and show our support to the state we have called home for nearly fifty years,” Auld said. NYSE Group Chief Development Officer Chris Taylor welcomed D.R. Horton to the new exchange, highlighting the company’s leadership in the housing sector and its foundational role in the Texas economy.
We hope you enjoyed today’s read!
Stay connected with TXLege News on X and LinkedIn!
🎙️Check Out Our Podcast! 🎙️
Bills and Business is your go-to podcast for conversations related to Texas legislation and business. Hosted by Laura Carr, Co-Founder of USLege—an AI-driven legislative tracking software—we bring you in-depth analysis on economic trends, impactful legislation, and key developments shaping Texas business.
Subscribe on Youtube and Spotify for weekly episodes!

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USLege helps you track legislation and find what you need faster from bills, committee hearings, floor debates, and state agency meetings faster.
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