The resolution proposes an amendment to Article X, Section 5 of the Arizona Constitution, which pertains to the sale of state trust lands. The amendment seeks to change the minimum sale price of these lands from a fixed amount to their true appraised value. Specifically, it stipulates that lands susceptible to irrigation under U.S. reclamation projects cannot be sold for less than their appraised value, rather than the previously set price of twenty-five dollars per acre. This change aims to ensure that the state receives fair market value for its lands.
Additionally, the resolution includes a provision that allows the state to relinquish lands to the United States for irrigation projects as requested by the Secretary of the Interior. In exchange, the state would select other lands of similar character as replacements. The Secretary of State is tasked with submitting this amendment to the voters during the next general election, as outlined in the Arizona Constitution.