The resolution HCR2020 mandates that all school districts and charter schools in Arizona revise their salary schedules to increase the base salary of eligible teachers above the FY 2026 levels, contingent upon voter approval for an increase to 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 outlines the definitions of "eligible teachers," compliance and reporting requirements, and prohibits any reductions in their base salaries below FY 2026 levels. Additionally, it requires annual reporting on Fund expenditures and tasks the Arizona Department of Education with administering the Fund and ensuring compliance, with noncompliant districts or schools being ineligible for Fund monies.

Furthermore, the resolution proposes an amendment to Article XI, Section 6 of the Arizona Constitution to ensure equitable access to education by mandating that all state educational institutions are open to students of both sexes and that instruction is as close to free as possible. It also requires 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 submitted to the electorate during the next general election, emphasizing the importance of providing free and accessible education to all eligible students in Arizona.