House Bill 317 proposes the repeal of the statutory requirement for a Memorandum of Understanding between the Board of Regents and the Idaho College of Osteopathic Medicine. Specifically, it seeks to repeal Section 20-25-811 of the Montana Code Annotated, which outlines the cooperative medical education program involving the Idaho College of Osteopathic Medicine.

The bill includes an immediate effective date upon passage and approval, indicating that the repeal will take effect without delay. This legislative change aims to streamline the relationship between the Board of Regents and the Idaho College of Osteopathic Medicine by eliminating the need for a formal memorandum.