The governor’s office release details of a tax relief plan that provides benefits for small and large businesses alike. Before getting into specifics, Gov. Rick Perry took a moment to pause for those affected by the bombings that occurred during the Boston Marathon.
"I think all of us have friends and/or relatives up in Boston with the race going on so keep them in your prayers as we get the details," Perry said.
Perry listed a four-part plan to to provide over $1 billion in tax money to current businesses and out-of-state companies looking to re-locate.
During the Texas Lyceum Conference on Transportation Friday, Gov. Rick Perry announced his plan to fix funding issues with transportation costs.
"On every car or truck sold in the state of Texas, we take in sales tax. The amount we take in on those sales is increasing steadily. I propose we dedicate the future growth in sales tax collected on motor vehicles to transportation infrastructure," Perry said.
The governor said Texas should take advantage of the state’s relatively low debt to fix roads, like those in the Eagle Ford Shale and Burnet Shale areas of the state.