Economic Advancement

Governor Abbott speaks at a podium with a slide presentation behind him

Every Texan should have greater opportunity for economic advancement. With our low costs of living and high quality of life, Texas remains the best place to raise a family and build a business. But that promise is in peril.

Priorities

Enterprise Fund

We are further diversifying our economy and competing for the jobs Texans deserve. We are funding the Enterprise Fund to add jobs and grow our economy.

Franchise Tax Reduction

The best way to grow jobs is by cutting taxes and regulations on businesses. We must continue to cut the business franchise tax.

Property Tax Reduction

No government should be able to tax people out of their homes. We need property tax reform that prevents cities from raising taxes without voter approval. We need serious property tax reform with a real revenue cap.

Hail Litigation Abuse

We are reducing the economic havoc of hail storm litigation, the newest form of lawsuit abuse.

Budget

Just as families deal with tight budgets by balancing needs and wants, so too is the state of Texas.

Related News

Aug 11

Governor Abbott Attends 19th Annual Indo-American Chamber Of Commerce Of Greater Houston Gala

Governor Greg Abbott today joined the Indo-American Chamber of Commerce of Greater Houston (IACCGH) for their 19th annual gala.

Jul 12

ICYMI: Governor Greg Abbott: Why Texas Is The Top State For Business In America

Governor Abbott wrote an op-ed featured in CNBC earlier this week on why Texas is the top state for business in America.

Jul 11

WEB VIDEO: Texas Named CNBC’s “America’s Top State For Business” For 2018

The Office of Governor Greg Abbott today released a web video after CNBC named Texas as “America’s Top State For Business” for 2018.

Jul 10

Texas Named CNBC’s ‘America’s Top State For Business’ For 2018

CNBC today announced that Texas has been named America's top state for business in 2018. CNBC unveiled Texas as the top state for business during their live broadcast from Enchanted Rock, and Governor Greg Abbott joined the program on location to discuss the announcement immediately after.

Jun 25

Governor Abbott Announces $5 Million In Texas Talent Connection Grants For Workforce Training Programs

Governor Greg Abbott today announced $5 million in Texas Talent Connection grants to 13 workforce training and job placement programs across the state.

Jun 12

Governor Abbott Announces New Veteran Hiring Incentive For TEF Grant Recipients

Governor Greg Abbott today announced an additional incentive program for new Texas Enterprise Fund (TEF) grantees designed to encourage the hiring of military veterans.

Jun 11

Texas Wins Sixth Gold Shovel Award For Job Creation And Business Investments

Governor Greg Abbott today announced that Texas has been awarded the Gold Shovel Award by Area Development Magazine for new job growth and business investments.

Jun 8

Governor Abbott Congratulates Texas A&M University System On Winning New National Security Contract

Governor Greg Abbott today congratulated the Texas A&M University System, and its partners, for being awarded new management contract for Los Alamos National Laboratory.

Jun 5

Governor Abbott Announces CORE West Headquarters Relocation To Texas

Governor Greg Abbott today announced that CORE West, Inc. will be relocating its headquarters from Phoenix, Arizona, to Frisco, Texas, bringing $4 million in capital investment and 97 new jobs to the state of Texas.

May 2

CEOs Rank Texas Best State For Business For 14th Straight Year

Chief Executive Magazine today announced Texas as the “Best State For Business” for 2018. Chief Executive Magazine's annual rankings are determined by surveying hundreds of leading CEOs from across the United States.

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