Relating to purchasing gold and silver bullion for this state to hold in the Texas Bullion Depository; making an appropriation.

HB 1062 requires the Texas comptroller to purchase $4 billion in gold bullion and $1 billion in silver bullion during the 2025-2027 state fiscal biennium, depositing the metals into the Texas Bullion Depository. The bill appropriates $5 billion from general revenue funds specifically for this purpose. It directly affects the state treasury and the Texas Bullion Depository by authorizing a significant new allocation of state funds toward physical precious metals holdings. The bill takes effect September 1, 2025, with no other provisions or mechanisms described.