The bill amends Arkansas Code Title 6, Chapter 60, Subchapter 1, by adding a new section, 6-60-123, which establishes prohibitions for institutions of higher education regarding their interactions with "prohibited foreign parties." A "prohibited foreign party" is defined in accordance with existing law (18-11-802). The bill specifically prohibits these institutions from engaging in several activities with such parties, including conducting classified research, agricultural research under contract, selling agricultural products (including seeds), producing agricultural products, and entering into nondisclosure agreements.

This legislation aims to safeguard national security and ensure that sensitive research and agricultural activities are not compromised by foreign entities deemed as prohibited. By delineating these restrictions, the bill seeks to protect the integrity of higher education institutions and their research endeavors from potential foreign influence or exploitation.