H.B. No. 5290 proposes the transfer of specific real property from the Texas Department of Transportation (TxDOT) to the University of Houston. The bill mandates that by December 31, 2025, TxDOT must donate and transfer six designated tracts of land located in Houston, Texas, to the University. The University is required to use the property solely for purposes that benefit the public interest of the state. Should the University utilize the property for any other purpose, ownership will automatically revert to TxDOT. The transfer must be executed through an appropriate instrument that outlines these conditions and includes a detailed description of the property.

The bill also stipulates that TxDOT will retain custody of the transfer instrument after it is filed in the real property records of Fort Bend County. The six tracts of land specified in the bill range in size and location, all situated along the North Side of Buffalo Bayou in Houston, Harris County. The act is set to take effect on September 1, 2025.