This resolution proposes an amendment to the Arkansas Constitution that aims to clarify 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, this amendment will become part of the Arkansas Constitution, ensuring a standardized approach to property valuation for assessment. The resolution emphasizes the importance of accurately assessing real property values, which can impact taxation and funding for local services.