The proposed joint resolution seeks to amend Article 4 of the New Mexico Constitution by establishing an independent "Citizen Commission on Legislative Salaries." This commission, composed of nine public members with a political party representation limit, will be responsible for determining, adjusting, and limiting the salaries of state legislators. The commission is required to conduct reviews and file a report on its salary determinations every four years, with the new salary rates taking effect in July following the report's submission. Members of the commission will serve without compensation but will receive per diem and mileage as stipulated by law.

Additionally, the resolution proposes amendments to Article 4, Section 10 of the New Mexico Constitution to clarify the compensation structure for legislators. It specifies that legislators will receive per diem and mileage based on federal rates, along with a salary determined by the Citizen Commission on Legislative Salaries. The resolution mandates that the proposed amendments be presented to the public for approval during the 2028 general election or at a special election prior to that date.