If this bill were to become law, it would amend current statutes by adding a new article that establishes eligibility criteria for higher education institutions in Arizona regarding state funding. Specifically, it would declare that any higher education institution that offers courses on diversity, equity, and inclusion (DEI) would be ineligible to receive state funds in that fiscal year. Additionally, it would prohibit the State Treasurer, the Arizona Board of Regents, and the Arizona Department of Administration from distributing state monies to such institutions during the same period.

The bill would also define what constitutes a "course on diversity, equity, and inclusion," detailing specific content that would trigger the ineligibility for funding. This includes courses that relate contemporary American society to various critical theories and concepts, promote the idea of systemic bias, or suggest that students are biased based on their race or sex. Furthermore, it clarifies that courses discussing historical instances of racial hatred or discrimination are not included as DEI courses unless they engage in the prohibited activities outlined in the bill. The definitions provided would ensure that the law is applied consistently across higher education institutions in Arizona.