The bill establishes a new section, 257.51, in the Florida Statutes, which preempts all regulatory authority over presidential libraries to the state and defers such authority to the Federal Government. It defines "presidential library" as an institution designated under the Presidential Libraries Act, which is responsible for preserving and providing access to presidential records and related historical materials. The bill emphasizes that presidential libraries are unique national institutions and outlines the state's exclusive control over their establishment, maintenance, activities, and operations.

Additionally, the bill prohibits counties, municipalities, or other political subdivisions from enacting or enforcing any regulations regarding presidential libraries unless such actions are authorized by federal law. This means that local governments will not have the power to impose any requirements or restrictions on presidential libraries, ensuring that their operations are solely governed by federal standards. The act is set to take effect upon becoming law.