Governor Perry Promises a $1.8 Billion Tax Relief Package to Texans
Gov. Rick Perry, saying he wants to shore up the “building blocks” of Texas, called for a $3.7 billion infrastructure investment in roads and water on Tuesday and promised a $1.8 billion tax relief package to let Texans share in the state’s rising economic fortunes.
After delivering his seventh State of the State address to a joint session of the Legislature, Perry also released a proposed budget that would withdraw $4.7 billion from the state’s rainy-day fund, including the $3.7 billion investment for transportation and water. The remainder would help pay for his tax relief plan and partly fund obligations facing lawmakers in the current biennium.