This concurrent resolution proposes amendments to the Arizona Constitution regarding term limits for state legislators and the compensation of elective state officers. Specifically, it seeks to amend Article IV, Part 2, Section 21 to establish lifetime term limits for state senators and representatives, allowing each to serve a maximum of four terms in their respective chambers. This change would apply to all terms served, regardless of whether they are consecutive, and would take effect starting with the fifty-eighth legislature in 2027. Additionally, it stipulates that legislators who reach the term limit must be out of office for at least one full term before they can serve again.

The resolution also proposes changes to Article V, Section 12, which governs the compensation of elective state officers. It sets the annual salary for legislators at $35,000 beginning with the fifty-eighth legislature, with adjustments every two years based on the consumer price index. Furthermore, it establishes a commission on salaries for elective state officers, which will provide recommendations for pay rates to the governor, who will then submit these recommendations to the legislature. The resolution mandates that these proposed changes be submitted to voters at the next general election for approval.