The bill proposes the enactment of section 3345.88 of the Revised Code, which establishes regulations regarding the broadcasting of intercollegiate athletic competitions involving state universities. It defines key terms such as "university athletic event" and "state university," and stipulates that no state university may enter into or renew contracts that grant exclusive media rights for broadcasting these events to a streaming service, provided this is permissible under federal law. This restriction applies only to contracts initiated or renewed after the bill's effective date.

Additionally, the bill mandates that each state university must offer enrolled students free access to observe any university athletic events broadcasted under contracts that comply with the new regulations. The universities are given the discretion to determine how this access will be provided to students.