The bill establishes that the boards of regents of state institutions of higher education in New Mexico will no longer have authority over decisions related to academic tenure. Specifically, it stipulates that these boards cannot award, deny, revoke, or impose conditions on tenured faculty positions. Instead, all tenure-related decisions must adhere to the institution's established policies and be based on recommendations from the faculty of that institution.

This legislative change aims to empower faculty members in the tenure decision-making process, ensuring that their expertise and recommendations are central to such determinations. By removing the boards of regents from this aspect of academic governance, the bill seeks to promote a more faculty-driven approach to tenure at state higher education institutions.