This bill enacts a new provision, R.S. 17:3383, which mandates that all public postsecondary education institutions and their management boards in Louisiana must accept cash as a form of payment for goods sold at athletic and other public events. This includes payments for concessions and merchandise, ensuring that cash transactions are facilitated at these events.

The legislation aims to enhance accessibility for attendees by allowing cash payments, which may benefit those who do not have access to electronic payment methods. By formalizing this requirement, the bill seeks to standardize payment practices across public postsecondary institutions in the state.