"The time has come to pass on the mantle of leadership – today I am announcing I will not seek re-election as governor of Texas," Perry said during a speech in San Antonio. "I'll also pray and reflect and work to determine my own future path.
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I make this announcement with a deep sense of humility and appreciation for the time and trust the people of this state has given me."
Perry took a stab at winning the Republican presidential nomination in 2012 but stumbled famously during a televised debate when he couldn't list the three federal agencies he wanted to eliminate.
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He recovered from the moment with an "oops" and a laugh. He also was heavily criticized by his opponents for holding more moderate views on undocumented immigrants, saying the children of those here illegally should be able to pay in-state tuition to state universities.