This resolution proposes an amendment to the Constitution of Arizona, specifically amending Article VII, Section 13, which pertains to bond elections. The amendment seeks to change the requirements for who can vote on questions of bond issues or special assessments. The current language restricts voting to real property taxpayers who are also qualified electors of the state or of the political subdivisions affected by the bond issue. The proposed amendment would remove the requirement that voters must be real property taxpayers, thereby allowing all qualified electors of the state or political subdivision to vote on such matters.

The resolution dictates that, if approved by the voters and proclaimed by the Governor, the Secretary of State is to submit this proposition to the voters at the next general election as provided by Article XXI of the Arizona Constitution. This change aims to broaden the participation in bond elections to include all eligible voters, not just property taxpayers, thereby potentially altering the electorate for decisions on public financing through bonds and special assessments.