Declares an intent to: (1) Enact a schedule for researching and enacting policies for fully funding all elements of Engrossed Substitute House Bill No. 2261 (chapter 548, Laws of 2009) on September 1, 2018; and

(2) Review and enact legislation on: (a) State salary allocations; (b) state allocations and purchasing methods for health insurance benefits; (c) enrichment and TRI; (d) state property taxes and local levies; (e) state levy equalization; and (f) transparency and accountability.

Creates the Washington education funding council to advise the legislature as the state moves toward full implementation of the state's program of basic education established pursuant to chapter 548, Laws of 2009 and the financing and revenues necessary to support the program.

Authorizes the council to establish technical working groups to advise the task force on technical and practical aspects of proposed policies and formulas.

Provides an August 1, 2019, expiration date for the council.

Repeals the quality education council.