Gov. Perry: Our Budget Positions Texas for Continued Job Creation and Prosperity

7/26/2011 - AMARILLO - Gov. Rick Perry today ceremonially signed House Bill 1 from the 82nd Regular Session and Senate Bill 2 from the special session, which provide a balanced budget for the 2012-13 biennium without raising taxes, allocating more than half of state funds to education, and preserving $6 billion in the state's Rainy Day Fund. Provisions in the budget also extend to 2014 the small business tax exemption that was passed in 2009, a measure that Gov. Perry fought to continue and that will keep taxes low for thousands of small businesses across the state. The governor was joined by Rep. Jim Pitts, Rep. John Smithee, Americans for Prosperity-Texas Director Peggy Venable and Liberty Institute President and CEO Kelly Shackelford.

for more information: http://governor.state.tx.us/news/press-release/16423/

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