The proposed amendment to the Arkansas Constitution aims to streamline the annual school election process by eliminating the need for an election if the proposed tax levy rate is the same as the rate previously approved. Specifically, if the Board of Directors of a school district submits a tax levy rate that matches the last approved rate and there are no other matters to be decided, the election will not be held. Instead, the tax will be collected at the last approved rate without appearing on the ballot, thereby reducing unnecessary electoral processes.

This amendment, if approved by voters in the next general election, will take effect on January 1, 2027. It is designed to simplify the tax levy approval process for school districts, ensuring that elections are only held when there are changes to the tax rate or other issues to be voted on. The resolution includes provisions for the collection of taxes based on the last approved rate if the new proposal is disapproved by voters, and it emphasizes that no tax revenue can be appropriated to any district other than the one for which it was levied.