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

Nov 17

Governor Abbott Statement On Record-Low Texas Unemployment

Governor Greg Abbott today released a statement after it was announced that Texas has achieved a record-low unemployment rate of 3.9 percent for October 2017.

Nov 1

Governor Abbott Announces Selection Of San Antonio For New Ernst & Young Client Service Delivery Center

Governor Greg Abbott today announced that Ernst & Young LLP (EY) has chosen San Antonio as the location of a new client service delivery center for its Financial Services Organization.

Oct 27

Governor Abbott Attends Greater Dallas Asian American Chamber Of Commerce Luncheon

Governor Greg Abbott today attended the Greater Dallas Asian American Chamber of Commerce (GDAACC) luncheon for the "Diversity Beyond Boundaries" awards to recognize and celebrate successful companies in the DFW area.

Oct 17

Governor Abbott Attends Groundbreaking Ceremony For New Ashley Furniture Industries Distribution And Fulfillment Center

Governor Greg Abbott today attended the groundbreaking ceremony for the new Ashley Furniture Industries Southwest Regional Distribution and Fulfillment Center in Mesquite, Texas.

Sep 29

Governor Abbott Meets With President Of Toyota Motor Corporation

Governor Greg Abbott today hosted the President of Toyota Motor Corporation (TMC), Akio Toyoda, at the Governor’s mansion in Austin.

Sep 27

Governor Abbott Announces New Brakebush Brothers Facility In Greenville

Governor Greg Abbott today announced that Brakebush Brothers, Inc. will build a new 315,000 square foot processing plant in Greenville, TX.

Sep 19

Governor Abbott Attends Groundbreaking Ceremony At Charles Schwab’s New Westlake Campus

Governor Greg Abbott today attended the groundbreaking ceremony for Charles Schwab's new 70-acre campus in Westlake, Texas.

Aug 23

Governor Abbott Announces Pei Wei Global Headquarters Is Relocating To Texas

Governor Greg Abbott today announced that Pei Wei is moving its global headquarters to Irving, Texas from Arizona.

Aug 15

Governor Greg Abbott Signs Legislation To Reform Municipal Annexation Process

Governor Greg Abbott today signed Senate Bill 6 (SB 6), which will reform and restrict the municipal annexation process.

Jul 28

Governor Abbott Thanks Lawmakers For Supporting Legislation Reforming Property Taxes

The following lawmakers have declared their support for HB 3, HB 32, HB 4, or SB 1, which address Governor Abbott’s call to reform property taxes in Texas.

More News