The resolution SCR1020 proposes an amendment to the Arizona Constitution regarding the general appropriation bill. If approved by voters, it would allow the general appropriation act from the previous fiscal year to continue in effect until a new bill is signed into law, provided that a new fiscal year begins without a new appropriation bill. The Joint Legislative Budget Committee (JLBC) would be responsible for adjusting the previous year's appropriation amounts to account for inflation, enrollment growth, and necessary debt service adjustments for specific state departments.

Additionally, the resolution stipulates that the previous year's general appropriation bill will not continue if the adjusted amounts exceed projected General Fund revenues for the new fiscal year. The legislature would have the authority to enact laws to enforce this provision, and the Secretary of State is tasked with submitting the proposition to voters at the next general election. The resolution is designed to ensure continuity in state funding and budgeting processes while adhering to constitutional requirements.