Relating to the beneficiaries of trust funds paid or received in connection with an improvement on specific real property.

HB 2226 clarifies who qualifies as a beneficiary of trust funds paid for construction or repair work on property in Texas. It defines artisans, laborers, mechanics, contractors, subcontractors, and material suppliers who provided labor or materials for such improvements as automatic beneficiaries of related trust funds. The bill also adds strict rules for assigning these trust fund rights: assignments must be in writing after payment is made, cannot be part of the original construction contract, and must involve eligible parties like property owners or other beneficiaries. The law takes effect September 1, 2025.