H.B. No. 1470 establishes a transgender equality task force in Texas to study the legal and societal barriers to equality for transgender individuals. The task force will consist of 15 members appointed by the governor, lieutenant governor, and speaker of the house, representing various state departments, educational institutions, and civil rights organizations. The task force is required to meet quarterly, with its first meeting scheduled for October 1, 2025, and will focus on key areas such as healthcare, education, housing, employment, and criminal justice.

The task force is tasked with preparing a report by December 1, 2026, summarizing its findings and recommending solutions to improve the lives of transgender persons in Texas. It will receive administrative support from the Texas Workforce Commission's civil rights division and may accept donations to cover expenses incurred during its operations. The task force will be dissolved, and the act will expire on September 1, 2027.