Texas Lieutenant Governor Dan Patrick (R) released another statement detailing the new property tax in Texas.
Lt. Gov. Patrick and Governor Greg Abbott (R) had been in a long dispute over the bill. However, the two sides eventually came to an agreement.
The homestead exemption amount has grown exponentially since Lt. Gov. Patrick took office.
“When I became Lt. Governor in 2015, the homestead exemption was $15,000, and today, the exemption is now $100,000. The largest property tax cut in history has been ceremonially signed into law today, with the $100,000 homestead exemption as the centerpiece.”
Lt. Gov. Patrick shared that the total package would be $18 billion and would not be a temporary fix to the problem.
“This $18 billion tax relief package will result in savings of $1,250 to $1,450 for the average Texas homeowner. This is permanent tax relief that Texans will receive every year in the future.”
“This historic tax relief package removes 67,000 small businesses from paying the franchise tax all together so our businesses can continue to grow jobs and power the Texas economy forward,” continued Patrick.
The Texas lawmaker concluded his statement by thanking Texas State Senator Paul Bettencourt (R), as well as encouraging voters to support his measure.
“I want to especially thank Sen. Paul Bettencourt for his hard work in carrying Senate Bills 2 and 3. Importantly, Texans must get out to vote in November 7th’s constitutional amendment election so they can overwhelmingly support Proposition 4 to ensure this historic tax relief is permanently written into the Texas Constitution.”
In other news, Texas Representative Veronica Escobar (D) discussed the similarities between Trump-era border policies and the current Abbott administration’s policies.
According to an immigration attorney, at least 26 migrant families have been separated by Texas authorities.
“It is precisely what happened with the Trump administration, where the Trump administration decided they wanted to use cruelty as a deterrent. They wanted to use cruelty as a punishment against vulnerable souls seeking asylum,” said Rep. Escobar.
The Trump Administration was heavily criticized for its “zero tolerance” policy that separated thousands of migrant families as a deterrent to crossing the U.S. border.
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