The bill establishes several interstate licensure compacts aimed at enhancing 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. Additionally, the bill outlines the formation of a School Psychologist Interstate Licensure Compact Commission to oversee the compact's implementation, including rule creation, record maintenance, and financial management. Similar provisions are included for the Dietitian Licensure Compact and the Cosmetologist Licensure Compact, which aim to streamline licensure processes and enhance service delivery across state lines while maintaining state regulatory authority.

Furthermore, the bill establishes a framework for the Physician Assistant (PA) Licensure Compact, which facilitates the mutual recognition of PA licenses among member states, allowing PAs to practice across state lines while ensuring patient safety. The compact includes provisions for a coordinated data system to track licensure and adverse actions, as well as mechanisms for oversight, dispute resolution, and enforcement. The bill mandates that the compact will take effect once enacted by seven member states and includes processes for member states to withdraw or amend their participation. Overall, the legislation seeks to enhance the mobility of licensed professionals while ensuring compliance with regulatory standards and protecting public health and safety.