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Sep 10, 2026
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Gov. Abbott Unveils Plan to Cut Texas Property Taxes by Half

During a visit to Lubbock, Governor Greg Abbott presented a comprehensive affordability plan aimed at easing the financial burden on Texas families. Joined by Speaker Dustin Burrows and Senator Charles Perry, Abbott outlined a series of measures that target property taxes, higher‑education costs, health‑care expenses, and related issues.

Half‑Price Property Tax Proposal

At the core of the plan is a bold pledge to cut the average property‑tax bill by 50%. Abbott said the reduction will be achieved through three complementary actions:

  • Requiring a two‑thirds super‑majority vote from homeowners before any property‑tax increase can be approved.
  • Encouraging voters to roll back existing tax rates through a streamlined ballot initiative.
  • Limiting the annual growth of property appraisals to 3%.

In addition, the governor called for the elimination of school property taxes, arguing that the current system places an undue strain on families and hampers affordable home ownership.

Making College More Affordable

Abbott also addressed the rising cost of higher education. He promoted three‑year degree pathways in high‑demand fields and highlighted discounted summer courses as a way to reduce tuition expenses while still delivering a quality education.

Health‑Care Cost Reductions

The plan includes several health‑care initiatives designed to lower out‑of‑pocket costs for Texans:

  • Reduced home‑insurance premiums.
  • A “good‑driver” discount for low‑risk motorists.
  • Accelerated permitting for new residential construction.
  • Caps on the price of inhalers and EpiPens at $55 per month.
  • A new insurance policy that covers essential services such as primary‑care visits, preventive care, and emergency‑room treatment.

Data‑Center Energy Policy

Addressing concerns that data centers could drive up local utility costs, Abbott announced new regulations requiring these facilities to generate additional electricity for the grid and to offer Texans the option to purchase reduced‑rate power. He emphasized that the rules also prohibit data centers from monopolizing water and energy resources needed by surrounding communities.

Local Impact and Next Steps

While the proposals were unveiled in Lubbard, the governor indicated that the plan will be rolled out statewide, with local officials playing a key role in implementation. Abbott urged Texans to stay informed through his office’s YouTube channel and social‑media outlets for upcoming town‑hall meetings and further details on how the measures will be enacted.

Critics have raised questions about the feasibility of a 50% property‑tax cut and the potential impact on school funding, but the administration maintains that the combined voter‑approval requirement and appraisal cap will preserve essential services while delivering real savings to homeowners.

For more information, residents can watch the full Lubbock briefing on the governor’s official YouTube page and follow the Texas Governor’s Office for updates on upcoming policy rollouts.


Original reporting: News/Talk 790 KFYO (Lubbock) — read the source article.

OBBM Network Editorial Staff

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Editorial team behind OBBM Network — independent, hyper-local journalism syndicated through HyperLocalLoop and OBBM Network TV.

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