The resolution authorizes Arizona school districts to exceed the constitutional expenditure limitation for local revenues during the fiscal year 2022-2023. This measure is intended to provide school districts with the flexibility to utilize additional funds to meet their financial needs.

However, the resolution stipulates that this authorization will only take effect if it is approved by a two-thirds majority of both the Senate and the House of Representatives through a roll call vote by March 1, 2023. This requirement ensures that there is significant legislative support for the decision to allow increased spending by the school districts.