The bill enacts two new sections, R.S. 38:2216.1 and R.S. 39:1602.2, which establish prohibitions against public contracts with companies that discriminate against firearm and ammunition industries. It defines key terms such as "company," "firearm," "firearm entity," and "firearm trade association," and outlines what constitutes discrimination against these entities. The bill specifies that contracts valued at $100,000 or more, primarily funded by public money, and entered into or renewed after August 1, 2024, must include written verification from the company affirming that it does not discriminate against firearm entities based on their status.

Additionally, the bill grants the attorney general the authority to enforce these provisions and recover reasonable costs and attorney fees if legal action is taken successfully. Exceptions to the contract requirements include contracts with sole-source providers or situations where no bids are received from compliant companies. Overall, the legislation aims to protect the rights of firearm-related businesses in public contracting processes.