The resolution establishes a Senate Special Committee on Arctic Affairs in recognition of the Arctic's significance to Alaska's economy, strategic interests, and environmental concerns. It highlights the increasing global focus on the region due to its resources, including minerals, fish stocks, and oil and gas reserves, as well as the implications for military dominance and shipping routes. The resolution also acknowledges the impact of these developments on Indigenous peoples in Alaska, who rely on subsistence hunting and fishing.

The committee will consist of five senators appointed by the President of the Senate, with two designated as co-chairs. It is authorized to meet during and between sessions of the Thirty-Fourth Alaska State Legislature and will be dissolved upon the convening of the First Regular Session of the Thirty-Fifth Alaska State Legislature. The establishment of this committee aims to explore opportunities to enhance Alaska's strategic importance in the Arctic and address the necessary advancements to maintain its critical global position.