This bill directs the Joint Interim Standing Committee on Education to appoint a committee to conduct an interim study concerning the budgeting process for and submission of required reports by school districts in this State. This bill: (1) establishes the membership of the study committee; and (2) establishes the scope of what the study committee is required to study. This bill further requires the study committee to report its findings and any recommendations for legislation to the Joint Interim Standing Committee on Education on or before July 1, 2024.