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

Oct 12

Governor Abbott Receives Texas Military Value Task Force Strategic Report

The Texas Military Preparedness Commission today released its Texas Military Value Task Force Strategic Report, summarizing findings from visits to all Texas military installations and meetings with military installation commanders, staff and local community leaders.

Oct 9

Governor Abbott Attends 2018 Beaumont Chamber Of Commerce Annual Meeting And Spindletop Award Ceremony

Governor Greg Abbott today joined the Beaumont Chamber of Commerce for their 2018 annual celebration of the community’s economic growth and success over the past year.

Sep 27

Governor Abbott Announces New Sterling Lumber Company Facility In Lufkin

Governor Greg Abbott today announced that Sterling Lumber Company, LLC., will be opening a new TerraLam® Cross-Laminated Timber mat manufacturing facility in Lufkin.

Sep 24

Governor Abbott Announces $2 Million Grant To Austin Community College District In Support Of Army Futures Command

Governor Greg Abbott today announced a $2 million grant from the Texas Military Preparedness Commission’s (TMPC) Defense Economic Adjustment Assistance Grant (DEAAG) program to the Austin Community College District in partnership with The University of Texas and the U.S. Army.

Sep 14

Governor Abbott Attends Caterpillar’s 400,000th Engine Milestone Celebration

Governor Greg Abbott today attended Caterpillar's Engine Milestone Celebration in Seguin, Texas, which commemorated the completion of the 400,000th engine produced at this facility.

Sep 7

Governor Abbott Attends Grand Opening Of New Amazon Fulfillment Center

Governor Greg Abbott today attended the grand opening of Amazon's new Fulfillment Center in Houston, Texas.

Sep 5

Governor Abbott Issues Executive Order Establishing The Governor’s Committee To Support the Military

Governor Abbott Issues Executive Order Establishing The Governor’s Committee To Support the Military

Sep 4

Governor Abbott Announces Launch Of Texarkana Regional Economic Development Collaboration

Governor Greg Abbott today joined Arkansas Governor Asa Hutchinson to announce the launch of a new unified regional economic development corporation in Texarkana.

Aug 29

Governor Abbott Attends Ribbon Cutting Ceremony For New Cognizant Regional Technology And Service Delivery Center

Governor Greg Abbott today attended the grand opening and ribbon cutting ceremony for Cognizant's new regional technology and service delivery center in Irving, Texas

Aug 24

Governor Abbott Attends U.S. Army Futures Command Activation Ceremony

Governor Greg Abbott today joined U.S. Army officials, as well as state and local leaders, for the Activation Ceremony of the new U.S. Army Futures Command in Austin, Texas.

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