This bill mandates the state board of regents to conduct a study on the feasibility of reintroducing VEISHEA, a university-wide celebration at Iowa State University that was held nearly annually from 1922 until 2014. The study aims to assess whether reinstating VEISHEA would be practical and beneficial. The findings and recommendations from this study are to be reported to the chairpersons of the house committee on higher education and the senate committee on education before the November 2026 meeting of the state board.

Additionally, the bill includes an effective date provision, stating that it takes effect immediately upon enactment, highlighting its urgency and importance.