This memorial resolution requests the Joint Committee on the Library of Congress to approve the replacement of the statue of Henry Mower Rice, currently displayed in the National Statuary Hall of the U.S. Capitol, with a statue of Hubert H. Humphrey, a notable figure in Minnesota's history. The resolution highlights the historical significance of both individuals, noting that the statue of Rice has been on display since 1916 and meets the minimum requirement for replacement. It emphasizes Humphrey's extensive contributions to civil rights, healthcare, and various legislative achievements during his time as a U.S. Senator and Vice President.

The resolution also outlines the responsibilities of the state of Minnesota regarding the costs associated with the removal and transportation of the Rice statue and the erection of the new Humphrey statue. It specifies that the Rice statue will be transferred to the Minnesota State Historical Society. The resolution concludes with directives for the preparation and transmission of the enrolled copy to the appropriate authorities, ensuring compliance with the requirements of Public Law 106-554.