The bill establishes the Interstate Podiatric Medical Licensure Compact, which aims to enhance access to healthcare by allowing podiatric physicians to obtain licenses in multiple states through a streamlined process. This compact complements existing state licensing and regulatory authorities, ensuring that podiatric physicians are licensed in the states where they provide care. Key provisions include the establishment of an interstate commission to oversee the compact, a coordinated information system for tracking licensed podiatric physicians, and the sharing of investigative and disciplinary information among member boards. The compact also outlines the application process for expedited licensure, renewal requirements, and the handling of disciplinary actions across member states, all while maintaining patient safety and regulatory oversight.

Additionally, the bill details the structure and responsibilities of the interstate commission, which will consist of one voting representative from each member state. The commission is empowered to promulgate binding rules, enforce compliance, and manage finances, while also ensuring public transparency through meeting notices and minutes. It includes provisions for addressing default by member states, allowing the commission to initiate legal action against those that fail to meet obligations. The compact will take effect once enacted by at least four states and includes clauses on severability and the enforcement of other state laws that do not conflict with its terms.