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

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.

Apr 25

Governor Abbott Touts Texas Energy Sector At The 2018 Texas Alliance Of Energy Producers Expo

Governor Greg Abbott today joined energy industry leaders from across the United States at the 2018 Texas Alliance of Energy Producers Expo and Annual Meeting in Wichita Falls, TX.

Apr 23

Governor Abbott Joins Education Leaders To Announce New Research Campus At Texas Medical Center

Governor Greg Abbott today joined prominent education and healthcare leaders from across the state to announce a new 30-acre research campus at Texas Medical Center in Houston, Texas.

Mar 30

Governor Abbott Concludes Business Development Mission in India

Governor Greg Abbott returns to Texas today following an nine-day business development mission in India.

Mar 29

Governor Abbott Visits The Taj Mahal And Meets With Business Leaders From Uttar Pradesh

Governor Greg Abbott and First Lady Cecilia Abbott today visited the Taj Mahal, one of the world’s most admired architectural masterpieces and most visited destinations, in Agra, Uttar Pradesh, India.

Mar 28

Governor Abbott Meets With Prime Minister Of India Narendra Modi

Governor Greg Abbott today met with the Prime Minister of India, Narendra Modi, in New Delhi, India. This marks the first time the Prime Minister has met with a United States Governor.

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