Texas Insider Report: AUSTIN Texas Lieutenant Governor Dan Patrick released the following statement following Governor Greg Abbott signing the 2016-17 budget into law:
I am proud of the budget that Governor Abbott signed today. It not only addresses the priorities of Texans but maintains our conservative principles.
This budget includes $3.8 billion in tax relief for property owners and businesses $1.3 billion in funding for transportation infrastructure and $800 million for enhanced border security a dramatic increase that will make our state and nation safer.
At the same time this budget is well under estimates of population growth and inflation billions under the state spending limit and does not include any spending from the Rainy Day Fund.
A budget of this nature is a result of fiscal discipline and a commitment to fund the states needs while refraining from spending all available revenue. When the legislature reconvenes it should be well positioned to provide additional tax relief while continuing to hold the line on spending.
I also commend Senate Finance Committee Chair Jane Nelson for her outstanding leadership and effectiveness in guiding this budget to final passage.
