The resolution from the New Mexico legislature requests the United States Congress to convene a convention for the purpose of proposing amendments to the U.S. Constitution. This convention would focus on three main areas: imposing fiscal restraints on the federal government, limiting the power and jurisdiction of the federal government, and establishing term limits for federal officials and members of Congress. The resolution highlights concerns about the increasing national debt and the burdens it places on citizens, as well as the inefficiencies and hardships caused by excessive federal regulations.

The resolution cites Article 5 of the U.S. Constitution, which allows for such a convention upon the application of two-thirds of the states. It emphasizes the need for accountability in federal spending and governance to ensure the well-being of the people. The New Mexico legislature's application is intended to be a continuing request until a sufficient number of states join in making similar applications. The resolution also directs the Secretary of State to send copies of this application to key federal officials, including the President and congressional leaders.