The resolution establishes the Legislative Study Commission on Modernizing K-12 School Education Funding in Alabama, following the enactment of Act 2024-128, which mandates a study on the current education funding model. The commission will consist of members from the House of Representatives Ways and Means Education Standing Committee and the Senate Finance and Taxation Education Standing Committee. Its primary focus will be to explore the feasibility of transitioning from a resource-based funding model to a more flexible, student-based model that aligns with the specific needs of students, teachers, and administrators.

The commission's work will include analyzing the projected costs and budget implications of such a transition, examining necessary changes to the tax and revenue framework, and identifying legal adjustments required for implementation. The commission is tasked with developing proposed legislation if a viable pathway for modernization is identified. It is required to report its findings and recommendations to the Legislature by February 1, 2025, after which it will be dissolved. Members will receive compensation for their participation, and administrative support will be provided by the Legislative Services Agency.