FOR IMMEDIATE RELEASE:
Thursday, May 23, 2019
Sam Pohl, press@TexasGOP.org
Governor, Lieutenant Governor, and Speaker Discuss Texas House Bill 3
Property Tax Relief in Sight
AUSTIN, TX – Governor Greg Abbott, Lieutenant Governor Dan Patrick, and Speaker of the Texas House Dennis Bonnen held a press conference on Texas House Bill 3 today. The bill would deliver much needed property tax relief along with a 2.5% cap on property taxes, transformational generational school finance reform, professional development training for educators, efficiency audits for schools, and more.
Republican Party of Texas Chairman James Dickey commented:
“With HB 3, Texas’ Republican leadership has delivered $5 billion in statewide property tax relief.”
In addition, they delivered meaningful school finance reform. The bill offers $2 billion for a merit-based pay formula, creates a professional development training program for educators, reduces ‘robin hood’ transfers, and focuses funding on the classrooms. HB 3 will not only help educators – it will focus more funds in the classroom on the needs of individual students.
“Texans needed and deserved tax relief. Thankfully, our Republican legislators have been able to provide a solution that both cuts taxes and improves the structure and long term path of Texas’ school financing,” said Dickey.