The resolution proposes an amendment to the Arizona Constitution, specifically adding section 26 to Article IV, part 2. This amendment would grant the Arizona Legislature the authority to establish laws regarding the approval of expenditures and appropriations of federal funds available to the state and its budget units. Additionally, it allows the Legislature to create a joint committee composed of members from both houses, which would have the authority to manage state and federal funds when the Legislature is not in session.

If approved by voters and proclaimed by the Governor, this amendment would enhance legislative oversight over federal funding and ensure that there is a mechanism in place for managing these funds during periods when the Legislature is not actively in session. The Secretary of State is tasked with submitting this proposition to voters at the next general election, in accordance with the procedures outlined in the Arizona Constitution.