Along with strict spending limits, one of our founding policy interests has been to see the state’s business “margins” tax reformed and reduced to the point of elimination. This 84th Session of the Texas Legislature finally saw definitive action on the measure.
Both chambers moved aggressively forward, and we a 25 percent cut in the onerous, inefficient tax has been sent to Gov. Greg Abbott for his signature.
Likewise, property tax reform is another important goal that saw significant movement forward. Thanks to diligent work by Lt. Gov. Dan Patrick and State Sens. Jane Nelson and Paul Bettencourt, we’ll see an increase in homestead exemptions among other reforms.