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GOVERNOR ABBOTT CHOOSES SD 4 TO SIGN THE LARGEST PROPERTY TAX CUT IN HISTORY — 8/9/2023

August 9, 2023

GOVERNOR ABBOTT CHOOSES SD 4 TO SIGN THE LARGEST PROPERTY TAX CUT IN HISTORY — 8/9/2023

New Caney, Texas– Today, Governor Abbott traveled to SD 4 to sign SB 2, SB 3 and HJR2 into law and highlight the incredible businesses and industry in Montgomery County. This $18 billion package includes:

$100,000 homestead exemption (400% increase since 2021)

$12 Billion to reduce the school property tax rate

200% increase of the current franchise tax exemption for Texas small businesses

Increased transparency and accountability for homeowners when protesting their appraisal.

I was happy to welcome the Governor to SD 4 and be part of this historic win for Texas taxpayers – making sure you keep more of your hard earned money. #txlege

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