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 new stock exchange is expected to open as early as next year, contributing to the city's growing financial hub, dubbed "Y'all Street".
Proposed Constitutional Amendments
Texans will vote on several constitutional amendments aimed at boosting the state's finance industry.
- Proposition 2: an amendment to prohibit state taxation of realized or unrealized capital gains for individuals, families, estates, or trusts.
According to Bulent Temel, assistant professor of practice at the University of Texas San Antonio, these proposals could have a significant impact on the state's finance industry.
Author's summary: Texans vote on constitutional changes to boost finance industry.