Small Business Encouraged By Abbott's Commitment to Property Tax Reform

Date: February 05, 2019

NFIB’s Texas state director, Annie Spilman, applauded Gov. Greg Abbott’s call for comprehensive tax reform for small businesses and other Texans.

Governor Abbott, Lieutenant Governor Patrick, and Speaker Bonnen presented a united front last week when they unveiled identical bills in both the House and Senate addressing property tax reform.  Governor Abbott further emphasized the importance of the issue today as he declared property tax reform an emergency item for the session, setting the stage for property tax relief for homeowners and small business owners alike.”

“This is a perennial problem that’s only getting worse,” Spilman said. “Property taxes in Texas are rising faster than people’s incomes.”

“That has to stop,” Spilman said. “Property taxes in Texas have hit a critical mass.”

“Our members are grateful that property tax reform is one of Governor Abbott’s top priorities this session,” Spilman said. “The devil’s in the details, but we’ll be following House Bill 2 and  Senate Bill 2 closely this session and working with legislative leaders to ensure the final legislation fixes this problem once and for all.”

Spilman also applauded the governor’s commitment to maintaining a regulatory environment that encourages small businesses to grow and create jobs. “The reason so many big companies and startups choose Texas is that our leaders oppose burdensome regulations,” Spilman said. “Uncertainty over economic conditions and government action prevent a small business owner from investing back into their business and employees in the form of higher wages, benefits, and bonuses. 

“The governor recognizes that by removing these hurdles and patchwork regulations from city to city, the state, its small business, and employees will continue to prosper,” she said.

Related Content: Small Business News | Tax Reform | Taxes | Texas

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