Relating to the authority of a political subdivision to establish and operate a guaranteed income program.

HB 530 prohibits Texas cities and counties from establishing new guaranteed income programs that provide unconditional cash payments to residents for any purpose. Existing programs in effect before the bill's enactment may continue until January 1, 2026, or until their expiration. The bill amends the Local Government Code to establish this restriction, taking effect immediately if passed with a two-thirds vote or on September 1, 2025.