The resolution establishes a Special Legislative Committee on Regulatory Reform in Louisiana, composed of selected members from both the House of Representatives and the Senate, along with an appointee from the governor. The committee's primary purpose is to study and make recommendations regarding the state's regulatory environment, ensuring that rules and regulations are current, necessary, and not overly burdensome or costly to citizens and businesses. The committee will also compare Louisiana's regulations with those of other states, examine the governor's authority in regulatory matters, and explore ways to enhance public participation in the rulemaking process.

The committee will consist of three members from the House, three from the Senate, and one appointed by the governor, with designated leadership roles for the chairpersons in alternating years. Additionally, legislative staff will be assigned to assist the committee. The committee is tasked with reporting its findings and recommendations to the legislature by December 31, 2024, aiming to create a more responsive and accountable regulatory framework for the state.