Senate Study Committee on Higher Education Funding; create

This bill creates a Senate Study Committee on Higher Education Funding to examine how Georgia's universities and technical colleges are currently funded. The committee will study the existing funding formulas, which are based on student enrollment rather than student outcomes, and explore whether these formulas need updating to account for changes like virtual instruction and declining enrollment. The six-member committee will meet to investigate these issues and can recommend new legislation to the General Assembly. The committee will operate until December 1, 2026, and must submit a final report before that date.