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 objective is to study and make recommendations regarding the state's regulatory environment, ensuring that rules and regulations are current, necessary, and not overly burdensome for citizens and businesses. The committee will also compare Louisiana's regulations with those of other states, assess the governor's authority in rule review, enhance public participation in the regulatory process, and evaluate legislative oversight mechanisms.

The committee will consist of three members from the House, appointed by the Speaker, and three members from the Senate, appointed by the President, with designated chairpersons for even and odd-numbered years, respectively. Additionally, the committee will receive staff support from the legislative leadership. The findings and recommendations of the committee are to be reported to the legislature by December 31, 2024, to facilitate informed decision-making regarding regulatory reforms in Louisiana.