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

Jul 20

Texas Ranked Top State For Business Climate By Business Facilities Magazine

Texas Ranked Top State For Business Climate By Business Facilities Magazine

Jul 19

Governor Abbott Announces Growing Support For Restricting Municipal Annexation

Governor Greg Abbott today announced that his call to reform and restrict the municipal annexation process is generating growing support across Texas.

Jul 19

ICYMI: Governor Greg Abbott: Overregulation Makes Texas Dream A California Nightmare

Governor Greg Abbott wrote an op-ed featured in the Austin American-Statesman yesterday voicing his opposition to runaway regulations by cities that infringe upon the individual liberty of Texans.

Jul 19

Governor Abbott Announces Growing Support For Property Tax Reform Legislation

Governor Greg Abbott today announced that his call for meaningful property tax reform is generating growing support across Texas.

Jul 17

Governor Abbott Announces Merck IT Hub In Austin

Governor Greg Abbott today announced that Merck is locating its newest IT Hub in Austin, Texas. Merck, known as MSD outside of the United States and Canada, is a leading global biopharmaceutical company that brings forward medicines and vaccines for many of the world’s most challenging diseases.

Jul 14

Governor Abbott Tours The Boeing Company’s Global Services Site In San Antonio

Governor Greg Abbott today toured The Boeing Company’s Global Services site in San Antonio, Texas.

Jul 6

Toyota Opens New North American Headquarters In Texas

Governor Greg Abbott today attended the grand opening ceremony for Toyota’s new North American headquarters in Plano, Texas.

Jun 28

Governor Abbott Announces NTT DATA Moving Into New North American Headquarters

Governor Greg Abbott today announced that NTT DATA Services is officially moving into its new North American headquarters in Plano, Texas.

May 29

Governor Abbott Signs Bill Ending Local Regulations Of Transportation Network Companies

Governor Greg Abbott today signed House Bill 100 (HB 100), which will end a patchwork of local regulations on ride-sharing companies in Texas and expands transportation options.

May 26

Governor Abbott Signs Senate Bill 1133

Senate Bill No. 1133 by Hinojosa from was sent to me for consideration under I reviewed the legislation and approved the 85th Regular Session of the Texas Legislature Article IV, Section 14 of the Texas Constitution. S. B. No. 1133 by signing the bill.

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