The bill establishes an independent commission tasked with conducting a comprehensive review of Washington's K-12 public education system, focusing on its performance, operations, and funding. The legislature recognizes that many policy requirements imposed on public schools have not been matched with adequate funding, which can detract from essential educational priorities. The commission's goal is to assess whether existing statutory requirements are effective, relevant, and a judicious use of public resources. It will also inform future legislative decisions by identifying which requirements should be maintained, modified, consolidated, or eliminated, particularly those enacted without sufficient funding.

The commission will consist of 15 members, including representatives from various educational and legislative bodies, and will prioritize reviewing policies and funding enacted in the last decade. It is required to meet quarterly and will produce an annual report starting November 1, 2030, detailing its findings and recommendations. The bill also specifies that the commission will be supported by the joint legislative audit and review committee, with provisions for member compensation and travel reimbursement. The act is set to take effect on July 1, 2029.