The resolution, known as Substitute House Joint Resolution No. 49, seeks to rescind two previous applications made by the Connecticut General Assembly for a federal constitutional convention under Article V of the U.S. Constitution. These applications, made in 1949 and 1958, called for conventions to propose amendments related to the establishment of a world federal government and the taxation of income by non-resident states, respectively. The resolution indicates that the General Assembly no longer wishes for Congress to consider these applications.

Upon passage, the resolution mandates that the Secretary of the State transmit certified copies to various congressional leaders and the Archivist of the United States, with a request for the resolution to be printed in the Congressional Record. The resolution has no fiscal impact on the state or municipalities, as it simply nullifies the previous calls for a convention without incurring any costs.