Categories: BusinessNewsTexas

Texas’ Legislative Leaders Say They Have A Deal On School Finance And Property Tax Reform

Gov. Greg Abbott, Lt. Gov. Dan Patrick and House Speaker Dennis Bonnen announced they have finalized the details of the three bills that will accomplish their top policy goals.
By Cassandra Pollock and Aliyya Swaby

Texas’ top three political leaders declared Thursday that the Legislature had reached agreements on its top three 2019 priorities: A two-year state budget, a comprehensive reform of school finance and legislation designed to slow the growth of rising property taxes.

Gov. Greg Abbott broke the news on the lawn of the Governor’s Mansion in Austin, just a few days before the Legislature is scheduled to gavel out. Both chambers will need to sign off on the three negotiated bills — House Bill 1, the proposed budget; Senate Bill 2, the property tax bill, and House Bill 3, the school finance bill — before the regular session ends Monday.

“We would not be here today, making the announcement we are about to make, without the tireless efforts of the members of the Texas House and Senate,” said Abbott, flanked by Lt. Gov. Dan Patrick, House Speaker Dennis Bonnen, R-Angleton, and other House and Senate members who played key roles in negotiating the three pieces of legislation.

Abbott said that an agreement was reached Wednesday night on the school finance bill, completing the trio of proposals that defined most of this year’s legislative session.

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