This bill mandates that public schools in Iowa must accept legal tender as a form of payment for entry into any extracurricular interscholastic athletic contests or competitions. Additionally, it stipulates that any extracurricular interscholastic athletic organization must also accept legal tender for entry as a condition of their registration with the Department of Education.

The new section added to the law, designated as 280.13D, clarifies the definition of "organization" in relation to these athletic events. By ensuring that both public schools and registered organizations accept legal tender, the bill aims to standardize payment methods for entry into athletic competitions across the state.