The resolution H.C.R. 2048 proposes an amendment to the Arizona Constitution that would prohibit the state from confiscating funds from scholarship accounts belonging to students who are children of military families, provided certain conditions are met. Specifically, the scholarship account must be established and maintained by the state, and the student must be eligible to use the funds for tuition or fees at approved postsecondary educational institutions. If any law or measure approved by voters after November 1, 2026, violates this prohibition, the entire law or measure would be rendered void. The resolution is designated as the "Military Families College Savings and Scholarship Protection Act."

Additionally, the resolution defines key terms such as "child of a military family" and "eligible postsecondary educational institution." It clarifies that "confiscate" includes actions like seizing or transferring funds but does not include account closures under specific circumstances, such as illegal activity or voluntary closure by the account holder. The resolution requires voter approval and will be submitted for consideration in the next general election. If approved, it will take effect upon proclamation by the Governor.