The latest beta has fixed the Text Background Opacity for hotbar text (MCPE-79331), however, it hasn't been fixed for actionbar text.
How To Reproduce
1. Go to Settings -> Accessibility tab.
2. Set the Text Background Opacity to any amount of opacity (0%-100%).
3. Ride a horse/boat/minecart or other mountable.
4. Pay attention to the actionbar text.
Observed Results:
Opacity doesn't change.
Expected Results:
Opacity should change.
Affects 1.19.50.20 preview.