The bill establishes the Laverne Parrish Memorial Highway along the existing state highway 93, specifically from mile marker 48 to mile marker 51. It mandates the Department of Transportation to design and install appropriate signage to mark this memorial highway. Additionally, the bill requires that the location of the Laverne Parrish Memorial Highway be included in the next publication of the state maps when they are updated.

The act recognizes Laverne Parrish's extraordinary heroism during World War II, where he risked his life to save wounded soldiers, ultimately leading to his posthumous receipt of the Medal of Honor. The bill is intended to be codified as part of Title 60, chapter 1, part 2 of the state law and is set to take effect immediately upon passage and approval.