This resolution proposes amendments to the Constitution of the State of Alaska that aim to clarify the rights protected under the Constitution, specifically emphasizing that these rights are reserved for "natural persons" only. The amendments would modify Article I to assert that all inherent rights, such as life, liberty, and the pursuit of happiness, apply solely to natural individuals, and introduce a new section stating that corporations and other artificial entities can only exercise powers granted by law.

Additionally, the resolution seeks to prohibit corporate contributions and expenditures in state and local elections, allowing only groups organized under state law for the purpose of influencing elections to make such contributions. It establishes that the legislature must create sanctions and procedures for any violations of this provision after the amendments take effect. The proposed amendments will be presented to voters in the next general election, ensuring public input on these significant changes to the state's electoral and constitutional framework.