The bill enacts new provisions in the Louisiana Revised Statutes, specifically R.S. 17:3125.1 and Chapter 25-B, which establish a framework for the accreditation of public postsecondary institutions in Louisiana. It grants the Board of Regents the authority to set policies regarding accreditation and allows public postsecondary management boards to select accreditors under certain conditions. The bill outlines the responsibilities of the Board of Regents and management boards in coordinating accreditation processes, ensuring that institutions remain accredited by recognized accreditors, and maintaining transparency through electronic notifications about accreditation status.

Additionally, the bill prohibits the selection of accreditors that condition accreditation on any violation of Louisiana's Constitution or state law. It directs the Louisiana State Law Institute to make technical changes to existing statutes, specifically replacing references to the "Southern Association of Colleges and Schools Commission on Colleges" with "accreditor recognized by the United States Department of Education." The act will take effect upon the governor's signature or after the designated period for bills to become law without signature.