APRIL 2024 NEWSLETTER Print

Monthly News

Dear TLEC Members,

We have two critical updates to share—one requiring immediate action and another celebrating a legislative win for our industry.

  1. Support Swipe Fee Reform Bill
  2. GOOD NEWS: HB9 Advances

 

Swipe Fee Reform 

The Texas Senate Business & Commerce Committee heard SB 2026 and SB 2056 on Thursday, April 3. Two pivotal bills to reform unfair swipe fees costing your business thousands annually.

  • SB 2026 (Campbell): Stops fees on sales tax and employee tips—amounts you collect but don’t keep.
  • SB 2056 (Hancock): Boosts competition/transparency in credit card transactions and bans anti-competitive practices.

Why Act Now? Banks will oppose this fiercely. Lawmakers need to hear from you, the businesses these bills protect.

How to Help (3-Minute Action):

  1. Register support online via the Capitol portal: 

      2. Sign the petition HERE

And don’t forget to share this petition with your family, friends, and neighbors using #TXCreditCardTruth and #TexansAgainstHiddenFees.

Learn more at: TexasCreditCardTruth.com

 

HB 9 Bill Advances!

HB 9, a bill to raise the personal property tax (also known as the inventory tax) exemption for businesses to $250,000, up from $2,500, has passed to engrossment with overwhelming support (132 Yeas, 12 Nays).

This is a major step toward reducing costs for our industry!

Sponsors: Meyer, Bonnen, Hickland, Martinez Fischer, Bernal, et al.

Whether it’s swipe fees or tax relief, your engagement drives change. 

Thank you for standing with the Coalition!

 

Next steps - GET INVOLVED WITH TLEC!

There are always new opportunities and challenges on the horizon, and so your ongoing support is critical. Please invest in our continued success by joining TLEC as an individual or corporate member. 

Join us as we ensure the Texas Live Events Industry remains strong! CLICK HERE

 

Special thanks to TLEC sponsors!

Diamond Partner: SITE TexasACCESS

Gold Partner: Shag CarpetG Texas

Silver Partner: Artisan Oddities Entertainment, Hello! Texas DMC, Sparks AgencyUltimate Ventures

Contact Paige Mejia - [email protected] for partnership opportunities!

 

Become a Corporate Member Today!
Visit this link to explore our corporate membership levels and join as a sponsor. Your support is vital to funding our lobbying efforts and advocacy campaigns, helping us secure a strong future for live events in Texas.

Together, we can show our legislators the power and unity of Texas’s live events industry. Thank you for your support and commitment to our shared mission.

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