HB 4469 creates the Texas Advanced Research Institute under the Office of the Governor to promote advanced research in various fields, including energy, medicine, and biotechnology. The institute will coordinate with institutions of higher education and private entities to expand research capabilities and workforce development. It will have a governing council appointed by the governor, with authority to award grants and monitor compliance with research programs. The institute is subject to the Texas Sunset Act and will expire in 2037 unless continued by the legislature​.