The resolution SCR1006 proposes an amendment to the Arizona Constitution regarding the process for exchanging state trust land. Currently, such exchanges can only occur with public lands and require voter approval through a referendum. The proposed amendment would allow state land to be exchanged for any other land in Arizona, not just public land, and would shift the approval process from a public referendum to requiring the affirmative vote of the Legislature and the signature of the Governor. This change aims to streamline the land exchange process while ensuring that the exchanges serve the best interests of the state land trust.

Additionally, the resolution outlines specific requirements for land exchanges, including the necessity for independent appraisals and analyses to ensure the value of exchanged lands is equitable. Public hearings must be held to disclose all details of the transaction, and the exchanges must be in the best interest of the state land trust. The Secretary of State is tasked with submitting this proposition to voters at the next general election, and the amendment will take effect only if approved by the voters and proclaimed by the Governor. There is no anticipated fiscal impact on the state General Fund associated with this legislation.