Restrictions on the use of state funds to benefit private entities that outsource jobs to foreign countries

Texas House Bill 4921, introduced in March 2025 by Representative Yvonne Davis, aimed to restrict the use of state funds for private companies that outsource jobs to foreign countries. The bill proposed two main actions: prohibiting state investments in companies that move jobs overseas and denying state tax benefits to such companies. The bill was returned to committee on May 16, 2025, and did not progress further.

Supporters of HB4921 argued that it would protect local jobs and ensure that state funds support companies committed to employing Texans. They believed the bill would discourage outsourcing and promote economic growth within the state.

Critics of HB4921 contended that the bill could limit the state's investment options and potentially reduce returns on state funds. They also expressed concerns that the legislation might deter businesses from operating in Texas due to the restrictions on outsourcing.