The bill mandates that the state board of regents in Kansas adopt rules and regulations to prohibit the allocation or expenditure of state moneys for low-earning outcome programs, as defined by federal law (specifically section 84001 of public law 119-21). This prohibition encompasses various forms of state funding, including student financial aid, operational funding, and capital funding. Additionally, the board is required to conduct an annual review of the federal determinations regarding low-earning outcome programs and update its regulations accordingly. An annual report must also be submitted to the legislature detailing the programs that are prohibited from receiving state funds, the enforcement of these prohibitions, and the estimated fiscal impact.

Furthermore, the bill extends this prohibition to local political subdivisions, which are defined as any political or taxing entities within the state, including boards, commissions, and other administrative units that utilize public funds. These subdivisions are also barred from allocating or expending local public moneys for the same low-earning outcome programs. The act will take effect upon its publication in the statute book.