The resolution HCR2020 seeks to reform teacher salary structures in Arizona by requiring school districts and charter schools to revise their salary schedules to increase the base salary of eligible teachers above the FY 2026 level, contingent upon voter approval for an increase in the Permanent State School Fund's annual distribution rate. It establishes the Teacher Pay Fund, which will be financed through legislative appropriations and distributions from the Permanent State School Fund. The resolution defines "eligible teachers" and sets conditions for salary increases, ensuring that no eligible teacher's salary falls below the FY 2026 base salary. Additionally, it mandates annual reporting on the use of Fund resources and assigns the Arizona Department of Education the responsibility for administering the Fund and ensuring compliance.

Furthermore, the resolution proposes an amendment to the Arizona Constitution to guarantee equitable access to education by ensuring that all state educational institutions are open to students of both sexes and that instruction is provided as nearly free as possible. It mandates the establishment of a system of common schools, ensuring free schooling for at least six months each year for all pupils aged six to twenty-one. If approved by voters and proclaimed by the Governor, this amendment will be presented to the electorate during the next general election, reinforcing the commitment to equitable education and the availability of free schooling for all eligible students in Arizona.