Texas Voters to Decide on Constitutional Changes
Today marks the last day of early voting, with Election Day scheduled for November 4th.
In Dallas, a Texas stock exchange is expected to open as soon as next year, contributing to the city's growing financial hub, dubbed "Y'all Street".
Proposed Constitutional Amendments
State lawmakers are invested in boosting the finance industry, and Texans will vote on several constitutional amendments to support this goal.
- Proposition 2: an amendment to prohibit state taxation of realized or unrealized capital gains for individuals, families, estates, or trusts.
According to Bulent Temel, an assistant professor of practice at the University of Texas San Antonio, these proposals aim to support the growth of the finance industry in Texas.
Author's summary: Texans vote on constitutional changes to boost finance industry.