The resolution proposes an amendment to Article V, Section 12 of the Arizona Constitution, which pertains to the compensation of elective state officers. It stipulates that the salary for state legislators will be determined based on the most recent voter-approved amount, adjusted annually for inflation or deflation according to the Consumer Price Index. This adjustment will take effect on the second Monday of January each year. For other elective state offices, salaries will be established by law and can be altered as necessary, but legislative salaries can only be modified through the procedures outlined in this section.

Additionally, the resolution establishes a commission on salaries for elective state officers, composed of five members appointed from private life. This commission will make recommendations to the governor regarding the pay rates for elected state officers, excluding legislative salaries. The governor will then propose these recommendations to the legislature, which will become effective unless disapproved within a specified timeframe. If approved by voters in a general election, the commission's recommendations regarding legislative salaries will take effect at the beginning of the next regular legislative session. The Secretary of State is tasked with submitting this proposition to voters at the next general election.