The resolution, introduced by a group of Iowa legislators, calls for an Article V convention to propose amendments to the U.S. Constitution. The proposed amendments aim to impose fiscal restraints on the federal government, limit its power and jurisdiction, and establish term limits for federal officials and members of Congress. The resolution emphasizes the role of state legislators as guardians of liberty against federal overreach and highlights concerns over national debt and unfunded federal mandates.

Furthermore, the resolution states that it serves as a continuing application until at least two-thirds of the states have made similar applications or until the Iowa General Assembly decides to withdraw it. The Secretary of State is tasked with transmitting certified copies of the resolution to various federal and state officials to ensure proper notification of this application for a convention.