Governor Greg Abbott released the following statement on the proposed property tax deal announced by the Speaker and Lt. Governor this morning.

“I promised during my campaign that the state would return to property taxpayers at least half of the largest budget surplus we have ever had. Today’s agreement between the House and the Senate is a step toward delivering on that promise. I look forward to this legislation reaching my desk, so I can sign into law the largest property tax cut in Texas history.”

The joint statement announcing the property tax deal can be found here.