Education, Higher - As enacted, prohibits, until July 1, 2033, public disclosure of certain commercial contracts entered into in furtherance of an intercollegiate athletics program; extends the prohibition on public disclosure of certain records containing information relating to game or player integrity beyond July 1, 2026; clarifies that protecting certain intercollegiate athletics program records from disclosure does not create any private right of action or basis for any injunctive or equitable relief, except for certain claims made by a business. - Amends TCA Title 49, Chapter 7, Part 1.

Education, Higher - As enacted, requires the board of regents, state university boards, and the board of trustees for the University of Tennessee system to adopt and implement policies that clearly distinguish between tenure decisions and disciplinary actions for faculty members. - Amends TCA Title 49, Chapter 7; Title 49, Chapter 8 and Title 49, Chapter 9.

Election Laws - As enacted, requires political advertisements to include a disclaimer if the advertisements include deepfake elements impersonating or depicting a candidate engaging in activity or speech in which the impersonated or depicted candidate did not in fact engage; makes a violation of such disclaimer requirement a Class C misdemeanor; entitles candidate to damages and equitable relief for violations. - Amends TCA Title 2, Chapter 19.

Governor - As enacted, authorizes, if the governor issues or extends an executive order or proclamation of a state of emergency, the general assembly to terminate such state of emergency by joint resolution of both houses. - Amends TCA Section 58-2-107.

Boards and Commissions - As enacted, prohibits the exclusion of persons from membership on state regulatory and health-related boards on the basis of race, color, ethnicity, and national origin; prohibits such boards from establishing or operating under race-based policies pertaining to their composition; removes requirement that appointing authorities strive to ensure certain boards and commissions are represented by members of racial minorities. - Amends TCA Title 4, Chapter 21; Title 9; Title 62; Title 63 and Title 68.