The bill proposes a study by the General Land Office, in collaboration with a working group that includes various stakeholders such as the Texas Department of Insurance and the Department of Information Resources, to explore the establishment and implementation of a distributed ledger-based title registry pilot program. The study aims to assess the feasibility of using distributed ledger technology for recording title transfers, with a focus on including both rural and urban counties. It outlines specific goals, such as developing protocols for implementation, identifying participating counties, and evaluating the costs and benefits of the pilot program compared to traditional recording methods.

Additionally, the bill mandates the formation of a working group to facilitate discussions and feedback on the study, ensuring representation from counties, title insurance agents, and the blockchain industry, among others. The General Land Office is required to engage regulators to provide guidance on protecting all parties involved in real estate transactions recorded through this technology. The office must adopt necessary rules by October 1, 2025, and submit a report on the study's findings and recommendations to the legislature by January 1, 2027. The act is set to expire on September 1, 2027, and will take effect on September 1, 2025.