House Bill 327 establishes the Interstate Compact for School Psychologists, creating a framework that facilitates the interstate practice of school psychology. The bill aims to improve the availability of psychological services in schools, promote the mobility of licensed school psychologists across member states, and ensure that only qualified professionals provide these services. It requires member states to enact a compact statute, share information, and maintain a list of equivalent licenses. The bill also establishes the Interstate Compact for School Psychologists Commission, which will oversee the implementation and enforcement of the compact's provisions, including the authority to investigate and impose disciplinary measures on licensees while maintaining confidentiality.

Additionally, the bill introduces amendments that clarify the scope of liability for licensees, stating they are not liable for acts within the scope of their employment unless resulting from intentional misconduct. It emphasizes that the compact does not limit liability for professional malpractice or misconduct and maintains member states' sovereign immunity regarding antitrust claims. The bill outlines the commission's responsibilities for exchanging licensee information, establishing rulemaking procedures, and addressing defaults by member states. It also ensures that the compact's provisions are severable, allowing the remaining sections to remain valid if any part is deemed unconstitutional, and asserts that conflicting state laws will be superseded by the compact. The act is set to take effect on July 1, 2025.