DALLAS -- Proposals to cut as much as $4 billion in state spending have reduced the likelihood that Texas lawmakers will push major tax measures when a special budget-writing session opens July 15, officials said.

John Sharp, the state comptroller, has detailed nearly 975 proposals found by his team of over 100 auditors in the past five months that should ease the pressure for a tax increase when the state moves this summer to close a projected $4.7 billion shortfall in the two-year budget cycle that begins Sept. 1.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.