The joint resolution proposes an amendment to the Florida State Constitution that aims to exempt homestead properties from all ad valorem taxes, except for those levied by school districts. Additionally, it seeks to establish a prohibition against counties and municipalities from reducing their total funding for law enforcement services below the amounts budgeted in either the 2025-2026 or 2026-2027 fiscal years, whichever is higher. This amendment is intended to be submitted to voters for approval during the next general election or a special election authorized by law.

If approved, the changes would take effect on January 1, 2027. The resolution outlines specific provisions for the homestead exemption, including the criteria for eligibility and the adjustment of exemption amounts for inflation. It also emphasizes the importance of maintaining law enforcement funding levels, ensuring that local jurisdictions cannot decrease their financial support for these services despite potential revenue changes resulting from the new tax exemption.