Texas: Governor Abbott Vows To Cut Property Taxes At TPPF Fireside Chat

~ Governor Greg Abbott of Texas held a fireside chat at the Texas Public Policy Foundation (TPPF) in Austin on Tuesday, where he discussed the many achievements from the 88th regular legislative session and his plan to complete unfinished business in subsequent special sessions.

During the discussion, moderated by TPPF CEO Greg Sindelar, Governor Abbott highlighted several major accomplishments from the regular session, including providing more than $5.1 billion to secure the border. He also emphasized that many critical items—like cutting property taxes and expanding school choice—still need to be passed.

The Governor noted that his property tax plan would direct $17.6 billion of Texas' historic budget surplus already appropriated by the legislature to cut property tax rates, putting money back into the pockets of hardworking Texans. He also pointed to the quality of education in states with robust school choice programs and emphasized the importance of passing his plan to expand state-funded Education Savings Accounts to every Texas student.

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In his 2023 State of the State address, Governor Abbott had identified cutting property taxes and education freedom for Texans as emergency items for the 88th Legislature. On Monday night, he called an immediate special session and identified cutting property taxes and cracking down on human smuggling as agenda items for special session #1. This week, over 30 leading statewide business associations shared their overwhelming support of Governor Abbott's property tax cut plan.

Governor Abbott concluded his remarks by saying: "In Texas, we don't do things half-heartedly...We go big, and we make sure we accomplish our big vision."

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