The bill establishes several interstate licensure compacts to enhance the practice of various professions, including school psychologists, dieticians, cosmetologists, and physician assistants. It specifically creates the School Psychologist Compact, which allows licensed school psychologists to obtain equivalent licenses in member states without duplicative requirements, thereby improving access to psychological services and promoting workforce mobility. The bill also establishes a School Psychologist Interstate Licensure Compact Commission to oversee the compact's implementation, including maintaining a list of equivalent licenses and ensuring compliance with its terms. Additionally, the bill outlines the structure and responsibilities of the commission's executive committee, including rulemaking authority and the ability to levy assessments on member states to cover operational costs.

Furthermore, the bill introduces the Dietitian Licensure Compact, which facilitates licensure portability for dietitians across member states while preserving state regulatory authority. It establishes a Dietitian Licensure Compact Commission to oversee the compact's administration, including the development of a coordinated data system for tracking licensure and adverse actions. The bill also creates the Cosmetologist Licensure Compact and the Physician Assistant Licensure Compact, both aimed at streamlining licensure processes and enhancing public safety. Each compact includes provisions for member states to withdraw while maintaining certain obligations, and emphasizes the importance of cooperation among states in regulating multistate practices. Overall, the bill aims to create a structured framework for professional licensure that enhances mobility and access to services while ensuring compliance with state laws.