The proposed resolution seeks to amend the New Jersey Constitution to allow municipalities to offer a partial property tax exemption of up to 15% of the assessed value for the primary residences of certain volunteer first responders. This amendment would require the New Jersey Legislature to enact a law that enables municipalities to pass ordinances granting this exemption. The exemption would apply specifically to active members of volunteer fire companies or volunteer first aid and rescue squads that serve the residents of the municipality where the property is located.

If the amendment is approved by voters in a general election, municipalities would have the discretion to implement the exemption and determine the specific percentage, as long as it does not exceed 15% of the property's assessed value. To qualify for the exemption, the volunteer first responder must be an active member of a qualifying organization, and the property must be their primary residence within the municipality they serve. The resolution outlines the process for submitting the amendment to voters, including the necessary publication and ballot language.