Resolution 29, introduced by Bergstrom, directs the Secretary of State to present a proposed amendment to the Oklahoma Constitution for public approval or rejection. This amendment seeks to add a new Section 44 to Article X, which would prohibit the state and its political subdivisions from lending credit, guaranteeing debt, or providing financial subsidies to private individuals, corporations, or associations, unless such expenditures are made for clearly defined public purposes that have been approved by law.

The resolution also includes a ballot title that summarizes the proposed amendment, stating that it aims to restrict financial support from the state to private entities unless it serves a legitimate public purpose. The ballot will ask voters whether they approve or reject this proposal, with options for "Yes" or "No." Following the passage of the resolution, the President Pro Tempore of the Senate is tasked with filing copies of the resolution and ballot title with the Secretary of State and the Attorney General.