The bill establishes a committee to study special education funding during the 2025-26 interim period. The legislative management will provide staffing and administrative support for the committee, which will consist of various members, including five legislative assembly members, special education directors, superintendents from both large and small schools, and business managers. The committee is empowered to add temporary, nonvoting members as needed.

The focus of the committee's study will be a comprehensive review of special education funding models, which will encompass aspects such as student contracts, high-cost students, residential placements, and Medicaid reimbursement. At the conclusion of its study, the committee is required to report its findings and recommendations, along with any necessary legislation, to the seventieth legislative assembly.