The bill mandates that the Montana University System provide free on-campus parking permits to veteran and Montana National Guard service member faculty, staff, and students who are employed or enrolled at any unit within the system. It prohibits the regents from assessing parking permit fees for these individuals and requires that preference be given to them when issuing permits. To qualify for the free parking permit, eligible individuals must present proof of their service to the parking permitting office at their respective units. Additionally, the bill allows the president of each unit to establish rules regarding the provision of these free parking permits.

Furthermore, the bill includes a codification instruction indicating that the new provisions will be integrated into Title 20, chapter 25, part 3 of the Montana Code. This ensures that the new regulations regarding parking permits for veterans and National Guard members are officially recognized within the existing legal framework.