The bill is a joint resolution from the Montana Senate and House of Representatives that requests an interim study of school district structure and taxation in preparation for the formation of the School Funding Interim Commission during the 2025 interim. It highlights the need for this study based on the findings of the previous 2015-2016 School Funding Interim Commission, which identified the necessity for further examination of "District Size, Structure, and Equity." The resolution emphasizes the complexity of school funding and the importance of legislative understanding to facilitate the commission's work.

The resolution calls for the Legislative Council to designate an appropriate interim committee to explore several key areas, including the effectiveness of past commission recommendations, taxpayer equity in education, potential benefits of reorganizing school district boundaries, and any necessary statutory changes to support the upcoming decennial study. It encourages collaboration between the Education Interim Committee and the Education Interim Budget Committee and mandates that all study aspects be completed by September 15, 2024, with the final results reported to the 69th Legislature.