H.B. No. 133 proposes the repeal of the Texas Quantum Initiative, specifically targeting Subchapter HH of Chapter 481 in the Government Code, effective September 1, 2025. This legislative action aims to eliminate the initiative and redirect any funds previously allocated to it.

Additionally, the bill stipulates that the redirected funds will be allocated to the Texas Education Agency for the state fiscal biennium starting September 1, 2025. The purpose of this funding shift is to reduce the state compression percentage under Section 48.255 of the Education Code to the lowest possible percentage. The bill is set to take effect 91 days after the conclusion of the legislative session.