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House approves tax relief for all Texans

The Texas House gave overwhelming preliminary approval Tuesday to a pair of bills that would reduce the tax burden on Texans. House Bill 31 would reduce the state sales tax rate from 6.25 percent to 5.95 percent. House Bill 32 would reduce franchise tax rates by 25 percent. Following the votes, Speaker Joe Straus (R-San Antonio) released the following statement:

“Today the House voted to provide all Texans with tax relief that encourages job creation and economic growth. The House looks forward to a productive conversation with the Senate about how best to deliver results on this issue and the many others that matter to our economy and to Texas families.”