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Greg Abbott: “Your homestead exemption is now the first $140,000 of your…”

Featuring: Greg Abbott, Republican | Governor of Texas

LIVE: Abbott on his 5-point property tax plan

Published March 10, 2026 | Video Starts at 31:54

The fact of the matter is you needed more relief. And after what we did last year, Your homestead exemption is now the first $140,000 of your homestead. You do not pay school district property Taxes on. Well, that's nice applause. But the fact of the matter is this, and that is exactly zero Texans ever come up … (31:54–32:01)

CLAIM

Asserts that the current homestead exemption in Texas is $140,000.

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

“Your insurance is going up 50% a year, 100% a year.”
LIVE: Abbott on his 5-point property tax plan | Uploaded March 10, 2026 | 30:36-30:41
“We increased their property tax exemption on this business from $2,500 to $125,000 exemption.”
LIVE: Abbott on his 5-point property tax plan | Uploaded March 10, 2026 | 37:08-37:16
“Talarico voted in favor of a state income tax.”
LIVE: Abbott on his 5-point property tax plan | Uploaded March 10, 2026 | 43:26-43:30
“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.”
LIVE: Abbott on his 5-point property tax plan | Uploaded March 10, 2026 | 31:23-31:27
“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
“By current Texas law, your appraisal can go up 10% a year.”
LIVE: Abbott on his 5-point property tax plan | Uploaded March 10, 2026 | 34:41-34:48
“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.”
LIVE: Abbott on his 5-point property tax plan | Uploaded March 10, 2026 | 41:31-41:38
“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
“Talarico voted against our attempt and our focus on cutting property taxes.”
LIVE: Abbott on his 5-point property tax plan | Uploaded March 10, 2026 | 43:19-43:26
“Talarico was for boys and girls, sports, for defunding the police, for open borders.”
LIVE: Abbott on his 5-point property tax plan | Uploaded March 10, 2026 | 43:30-43:37
“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.”
LIVE: Abbott on his 5-point property tax plan | Uploaded March 10, 2026 | 44:27-44:34
“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