This resolution proposes an amendment to the Arkansas Constitution aimed at clarifying the process for determining the true value in money of real property for assessment purposes. It is presented by both the Senate and the House of Representatives of the Ninety-Fifth General Assembly of the State of Arkansas, and it requires approval from a majority of voters in the next general election for Representatives and Senators to be enacted.

If adopted, the amendment will become part of the Arkansas Constitution, ensuring a standardized approach to property valuation for assessment. This change is intended to enhance the accuracy and fairness of property assessments across the state.