The bill mandates that public schools and extracurricular interscholastic athletic organizations must accept legal tender as a form of payment for entry into athletic contests or competitions. Specifically, it establishes a new section, 280.13H, which defines "organization" in accordance with section 280.13 and outlines the requirements for both public schools and organizations regarding payment methods.

As a condition for registration with the Department of Education, organizations must also comply with this requirement to accept legal tender. This legislation aims to standardize payment methods for entry into athletic events, ensuring that all participants have the ability to pay using recognized currency.