The "Stop Antisemitism on College Campuses Act" aims to prohibit the distribution of State aid to higher education institutions that either support or fail to adequately address antisemitism on their campuses. Specifically, the bill stipulates that no State aid shall be granted to institutions that authorize, fund, or support antisemitic events or organizations, do not enforce their own codes of conduct regarding harassment and bullying, or fail to appropriately punish those who commit acts of antisemitism. The bill emphasizes the importance of maintaining a safe and supportive environment for Jewish students and condemns the rise of antisemitic rhetoric and actions in the wake of recent events.

Additionally, the bill defines antisemitism according to the working definition adopted by the International Holocaust Remembrance Alliance on May 26, 2016. It underscores the responsibility of educational institutions to uphold free speech while ensuring that such freedoms do not incite violence or create a hostile environment for any group, particularly Jewish students, faculty, and staff. The act is set to take effect immediately upon passage.