HB 4017 modifies regulations on carrying handguns on college and university campuses. The bill allows both public and private higher education institutions to prohibit licensed handgun holders from carrying firearms on campus, in campus-sponsored events, and in university-owned transportation. It removes immunity protections for institutions that do not establish firearm prohibition policies. Additionally, it revises criminal provisions by making it an offense for a license holder to carry a handgun on a campus where an institution has explicitly prohibited it, provided effective notice has been given.