Senate Resolution No. by Senator Reese establishes the Legislative Higher Education Funding and Formula Task Force in Louisiana. This task force is tasked with studying and evaluating the funding structure of the state's public postsecondary education system, focusing on the allocation of funds to both two-year and four-year institutions through the outcomes-based funding formula. The resolution emphasizes the importance of postsecondary education for workforce development and economic competitiveness, and it aims to address concerns regarding the current funding formula's structure, implementation, and transparency. The task force will provide recommendations to the legislature and the Louisiana Board of Regents for potential reforms and improvements to the funding system.

The task force will consist of various members, including legislative leaders, higher education officials, and representatives from community and technical colleges. It is required to conduct assessments of historical and current funding structures, analyze funding methodologies, and compare Louisiana's funding practices with national best practices. The task force is expected to submit a written report with recommendations for legislative action by February 26, 2027, and will convene for its first meeting by September 1, 2026. Members will serve without compensation, except for per diem or expense reimbursements, and the task force will dissolve upon submission of its report or by the specified date.