The Texas Legislature is back in session and will soon consider the draft spending proposals for the next biennium.
Both chambers are proposing an appropriation of $288.7 billion in state and federal funds and $130.1 billion in general revenue to spend over the next two years. The bills released are lawmakers’ first drafts, and drastic changes are expected to happen over the course of the legislative session. But it provides a clearer window into what lawmakers are marking as spending priorities.
During Abbott’s inauguration speech on Tuesday, he alluded the state was going to give Texans the “largest” property tax cuts in the state’s history.
Source: Education Headlines (educationheadlines.net)
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