The bill establishes the Interstate Compact for School Psychologists, designed to enhance the interstate practice of school psychology and improve access to psychological services in educational settings. It outlines the compact's objectives, which include promoting the mobility of school psychologists, ensuring safe and effective service delivery, and enhancing public access to qualified professionals. The legislation provides a framework for member states to recognize school psychologist licenses, set criteria for practice in remote states, and establish license renewal requirements. Additionally, it creates the Interstate Compact for School Psychologists Commission, detailing its membership, powers, and responsibilities, including the authority to adopt rules and manage the compact's operations.

Key provisions of the bill focus on the licensing and regulation of school psychologists, particularly for active military members and their spouses, ensuring they are recognized as holding a home state license in their primary state of practice or any member state they relocate to. The bill mandates the sharing of licensee information among member states while maintaining control over that information. It also clarifies that the compact does not inhibit the enforcement of existing state laws and that any conflicting state laws will be superseded by the compact. The bill is set to take effect on July 1, 2025, aiming to streamline processes while respecting the authority of individual states over their licensing information.