Relating to the establishment of a grocery access investment fund program.

SB 1305 establishes the Texas Grocery Access Investment Fund Program to provide financing (loans, grants, or forgivable loans) for constructing, rehabilitating, or expanding grocery stores in underserved low-income and moderate-income areas. The program directly affects grocery store operators seeking to open or improve stores in census tracts identified as having limited supermarket access - either through USDA data or other official initiatives. The fund, administered by the Agriculture Department, will be capitalized through legislative appropriations, federal grants, tax credits, and other designated funds. This bill creates a structured mechanism to address grocery access gaps in communities where residents currently lack convenient access to fresh food options.