H.B. No. 5342 establishes a new framework for behavioral health crisis services in Texas, specifically focusing on the 988 Suicide and Crisis Lifeline. The bill introduces Subchapter K to Chapter 547 of the Government Code, which includes the creation of the 988 Suicide and Crisis Lifeline Trust Fund. This trust fund will be administered by the Texas Treasury Safekeeping Trust Company and will consist of gifts, grants, donations, and income generated from the fund. The funds will be allocated to implement, maintain, and improve the 988 Lifeline, including necessary personnel and technological enhancements, while ensuring that the trust fund's assets are managed prudently.

Additionally, the bill mandates the Health and Human Services Commission to conduct a study on potential funding mechanisms to support the 988 Lifeline, including the feasibility of a service fee on telecommunication services. The study aims to assess how such funding could enhance crisis intervention services and meet increased demand due to public awareness campaigns. The commission is required to submit a report to the legislature by December 1, 2026, with findings and recommendations. The act is set to take effect on September 1, 2025.

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