The joint resolution proposes amendments to Sections 3, 4, and 9 of Article VII of the Florida State Constitution, along with the creation of a new section in Article XII. The primary aim of these amendments is to prohibit counties, school districts, and municipalities from levying ad valorem taxes on tangible personal property. The resolution outlines the specific sections of the Constitution that will be amended to reflect this prohibition and establishes that these changes will take effect on January 1, 2027.

Additionally, the resolution mandates that the proposed amendments be submitted to the electors of Florida for approval or rejection during the next general election or at a specially authorized election. The ballot will include a statement summarizing the constitutional amendment, emphasizing the prohibition on ad valorem taxes on tangible personal property by the specified entities. This initiative seeks to provide clarity and uniformity in tax regulations concerning tangible personal property across various local government entities in Florida.