This bill mandates that all qualifying schools in South Dakota must accept cash payments for admission to school-affiliated events. If a school refuses to accept cash from an individual who has sufficient funds on the day of the event, the school is required to grant that individual free admission. Additionally, schools that sell concessions at these events must provide at least one cash payment option on each floor where concessions are available. The bill defines "cash" as any physical currency recognized as legal tender by federal law and outlines what constitutes a "qualifying school" and a "school-affiliated event."

The legislation aims to ensure accessibility for individuals who prefer or are only able to pay in cash, thereby promoting inclusivity at school events. It specifies that qualifying schools include school districts, accredited nonpublic schools, and institutions under the South Dakota Board of Regents or the Board of Technical Education. The definition of school-affiliated events encompasses various activities, including athletic competitions and performances, as well as events held in facilities owned or leased by the schools.