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Greg Abbott: “By current Texas law, your appraisal can go up 10% a year.”

Featuring: Greg Abbott, Republican | Governor of Texas

LIVE: Abbott on his 5-point property tax plan

Published March 10, 2026 | Video Starts at 34:41

… when they open up that envelope, they may no longer be able to live in their home. And there's a reason why it's going up the way that it is. By current Texas law, your appraisal can go up 10% a year. Easy math shows that it's going to price you out of your home before long. That has to change. (34:41–34:48)

CLAIM

Asserts that Texas law allows property appraisals to increase by 10% annually.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.

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Greg Abbott

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“Your homestead exemption is now the first $140,000 of your homestead.”
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“We increased their property tax exemption on this business from $2,500 to $125,000 exemption.”
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“Talarico voted in favor of a state income tax.”
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“We provided [Corpus Christi] with $750 million, three quarters of a billion dollars in funding for them to address their water problem.”
LIVE: Abbott on his 5-point property tax plan | Uploaded March 10, 2026 | 44:12-44:21
“We must slash your insurance cost in the state of Texas.”
LIVE: Abbott on his 5-point property tax plan | Uploaded March 10, 2026 | 30:43-30:49
“We increased your homestead exemption a lot.”
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“We must pass a law that constrains the ability of property taxing jurisdictions from increasing spending.”
LIVE: Abbott on his 5-point property tax plan | Uploaded March 10, 2026 | 33:16-33:23
“Require every property tax increase to be voted on by you and require two thirds voter approval.”
LIVE: Abbott on his 5-point property tax plan | Uploaded March 10, 2026 | 34:05-34:13
“Reducing that appraisal from 10% a year to no more than just 3% a year or less.”
LIVE: Abbott on his 5-point property tax plan | Uploaded March 10, 2026 | 34:55-35:04
“We must change [the property tax appraisal process] to have your home appraised for property tax purposes only once every five years.”
LIVE: Abbott on his 5-point property tax plan | Uploaded March 10, 2026 | 35:18-35:25
“The state of Texas should fully fund public education, not your homestead.”
LIVE: Abbott on his 5-point property tax plan | Uploaded March 10, 2026 | 35:59-36:06
“This property tax package will slash your property taxes by more than half and keep them down forever for the remainder of your time in your…”
LIVE: Abbott on his 5-point property tax plan | Uploaded March 10, 2026 | 36:43-36:52
“Texas will quickly become one of the most, if not the most affordable state in the United States of America.”
LIVE: Abbott on his 5-point property tax plan | Uploaded March 10, 2026 | 37:16-37:24
“When we slash your property taxes, I'M going to stop building that border wall on the southern border and we're going to build that border…”
LIVE: Abbott on his 5-point property tax plan | Uploaded March 10, 2026 | 37:56-38:09
“Texas has such a large surplus of oil and gas both underground and overground.”
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“We have abundant resources to be able to drill, baby, drill for decades to come.”
LIVE: Abbott on his 5-point property tax plan | Uploaded March 10, 2026 | 41:42-41:48
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“Talarico was for boys and girls, sports, for defunding the police, for open borders.”
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“Corpus Christi is a victim not because of lack of water. They were a victim because of a lack of ability to make a decision.”
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“We can only give them a little time, more before the state of Texas has to take over and micromanage that city.”
LIVE: Abbott on his 5-point property tax plan | Uploaded March 10, 2026 | 44:37-44:43