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Lt. Gov. Dan Patrick lays out legislative priorities

December 07, 2022 - 00:00
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Lt. Gov. Dan Patrick outlined his goals for the upcoming legislative session, calling them “general concepts,” according to the Austin American-Statesman.With an estimated $27 billion surplus, the Legislative Budget Board voted last week to boost the Legislature’s spending capacity by 12.3% — the largest increase allowed under the state constitution. But that still leaves the Legislature having about $14.5 billion in the piggy bank above its spending limit.Consequently, property tax reduction is one of Patrick’s priorities. He is calling for a hike in the homestead property tax exemption from $40,000 to $60,000, as well as an expansion of personal property ...

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