The bill amends the Universal Assessment Program Act in Arkansas to update the types of assessments that public schools may provide to students. It replaces the term "ACT Assessment" with "Assessment" and expands the definition to include various standardized tests such as the ACT, SAT, CLT, PreACT, and PSAT. The bill also modifies the purpose of the Universal Assessment Program to enhance college readiness among students, particularly those in grade eleven, and to increase participation rates among underrepresented groups.

Additionally, the bill outlines that starting in the 2025-2026 school year, public school districts and open-enrollment public charter schools will provide students in grades nine through twelve the opportunity to take these assessments at no charge, utilizing funding from various sources. It specifies the assessments available for students in grades nine and ten, as well as those for grade eleven, and mandates that the Division of Higher Education and the Division of Elementary and Secondary Education develop rules for the program's administration. The bill also requires an annual report to the Legislative Council detailing compliance, participation data, and the program's impact on college readiness and remediation rates.