US President Donald Trump’s “Big Beautiful Bill” was signed into law on July 4. While it didn’t impose a moratorium on state-level artificial intelligence laws as anticipated, it did include a substantial 35% tax credit for semiconductor manufacturers.

President Trump and Republicans in Congress are celebrating this holiday weekend after both the House and Senate passed what they call the "One Big Beautiful Bill." The President signed the legislation into law at the White House Friday.

Texas Republicans were divided but ultimately pivotal in helping President Donald Trump’s "Big Beautiful" Bill clear the U.S. House on Thursday. The bill passed in a narrow 218–214 vote, and despite vocal criticism from within the Texas GOP delegation, all 25 Texas Republican representatives—and both senators—voted in favor.