The bill establishes a tuition and mandatory fee waiver program for peace officers and their legal dependents at community colleges and institutions governed by the state board of regents in Iowa. It outlines specific eligibility criteria for peace officers, including residency in Iowa, certification through the Iowa law enforcement academy, and enrollment in a degree program related to law enforcement. The tuition waiver for peace officers lasts for up to five years at regents institutions and three years at community colleges. Legal dependents of peace officers are also eligible for waivers, provided they agree to reside in Iowa for five years post-graduation and meet other requirements.

To fund this initiative, the bill creates a peace officer tuition waiver reimbursement fund, which will be financed through a $10 surcharge on citations issued by local authorities using automated systems for traffic enforcement. The bill mandates that local authorities transfer the collected funds to the state treasury for deposit into this reimbursement fund. Additionally, the college student aid commission is tasked with establishing a process for institutions to apply for reimbursement of the costs associated with the tuition waivers. The bill aims to support peace officers and their families in pursuing higher education while ensuring that the financial implications for educational institutions are addressed through the newly created fund.