SB 2531 establishes a framework for occupational licensing reciprocity agreements between Texas and other states. The bill requires each licensing authority to maximize reciprocity agreements to the extent permitted by law and to identify any state laws that prevent such agreements. It directs agencies to evaluate whether the licensing standards in other states are substantially equivalent to Texas' standards based on training, testing, scope of practice, and complaint resolution procedures. Each licensing authority must submit a biennial report to the Governor and the Legislative Budget Board summarizing its efforts to establish reciprocity agreements and recommending legislative actions to reduce barriers. The bill mandates that licensing authorities adopt the required implementation rules by January 1, 2026, and submit the first report by December 1, 2027.