KTRH Local Houston and Texas News

KTRH Local Houston and Texas News

KTRH-AM covering local news from Houston and across Texas.

 

Texas House Speaker Lays Out Plan to Use Record Surplus

The Texas legislative session is underway with lawmakers now deciding how to divvy up a record $33 billion surplus.

Re-elected House Speaker Dade Phelan, R-Beaumont, says the primary goal is to offer property tax relief, while also boosting teacher pay, school security, access to health care and infrastructure needs.

"With a once-in-a-lifetime budget surplus, now is the time to put a down payment on the future of Texas," Phelan said to applause.

"Texans want a reliable supply of water, resiliency from flooding, dependable energy and high-speed internet across this great state," he added. "They want exceptional schools with exceptional teachers."

Rice University's Mark Jones told KPRC 2 everyone wants a piece of the pie.

"Whether it's for mental health hospitals. Whether it's for the University of Houston, Texas Tech University, rural sheriffs, power plant generations. There certainly, as I think Sen. Paul Bettencourt mentioned, going to be a real push to increase the homestead exemption."

The state comptroller also is projecting a record $188 billion in revenue over the next two years.

Texas State Capitol Building Dome

Photo: Getty Images


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