The proposed bill establishes the Climate Change Impact Assessment Council in Texas, tasked with studying the effects of climate change on the state's residents, natural resources, public health, and economy. The council will consist of two members from the Senate, two from the House of Representatives, and seven public members with expertise in various relevant fields, including climatology and land management. The council is authorized to conduct a comprehensive study assessing the current and potential impacts of climate change, estimate associated costs, research mitigation measures for climate-related issues, and recommend legislative actions to address these challenges. Public hearings will be held to gather information, and a report detailing the study's findings is due to the legislature by January 1, 2027.

Additionally, the bill outlines that public members of the council will be reimbursed for travel expenses incurred while performing council duties, and legislative committees with jurisdiction over environmental regulation will provide necessary support. The council is set to be dissolved, and the act will expire on September 1, 2027. Appointments to the council must be completed by March 1, 2026, and the act will take effect 91 days after the legislative session concludes.