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 that matches the last approved rate and there are no other matters to be decided, the election will not be held. This change is intended to reduce unnecessary voting and administrative burdens when there are no changes to the tax rate.

If the amendment is adopted by a majority of voters in the next general election, it will become effective on January 1, 2027. The amendment also stipulates that if the proposed tax levy is approved by voters, it will be collected at that rate, while if disapproved, the last approved rate will continue to be collected. The resolution includes provisions to ensure that tax levies are not appropriated to other districts and allows for adjustments to be made if necessary to comply with legal requirements.