The resolution establishes a Senate Special Committee on World Trade in Alaska, recognizing the growing significance of world trade to the state's economy and the impact of federal legislation on it. The resolution highlights the need for the legislature to actively engage in exploring opportunities to promote world trade and to assist Congress in understanding how federal policies affect Alaska's economy.

The President of the Senate is tasked with determining the committee's membership and appointing senators to serve, including co-chairs. The committee is authorized to meet during and between sessions of the Thirty-Fourth Alaska State Legislature and will be dissolved upon the commencement of the First Regular Session of the Thirty-Fifth Alaska State Legislature.