84th Legislative Session Wrap-Up June 8, 2015

This week in the Legislature…

Now that I have had a full week to reflect on the end of my second legislative session, I would like to share with you my personal thoughts and impressions on the work done by your Texas Legislature. Overall, I believe that the 84th legislative session was largely a success, based principally on the fact that we passed a conservative budget combined with significant tax cuts. The one constitutional requirement of the Legislature each session is to pass a balanced budget, and this one is still $2.9 billion under the constitutional spending limit. We were also able to pass a 25% across-the-board reduction in business franchise taxes along with a $10,000 increase in the homestead exemption for residential property owners. Transportation also took center stage for much of the budget discussions, and the Legislature provided adequate funding for our infrastructure needs without the need for additional borrowing.

… this is an excerpt from Newsletter dated June 8, 2015