HB 2418 modifies the Occupations Code to allow the Texas Board of Professional Engineers and Land Surveyors to waive the fundamentals of engineering examination for applicants who have at least 15 years of active engineering practice. The board must determine that granting a license to the applicant does not pose a risk to public health, safety, or welfare. Applicants must request the waiver in writing and must meet the educational requirements outlined in the law. The bill applies to new applications filed on or after the effective date.