The resolution proposes an amendment to the South Dakota Constitution to create a "trust for unclaimed property fund," which will be submitted to voters in the next general election. This fund will be established in the state treasury, where the state treasurer will deposit net receipts from unclaimed property after fulfilling claims and authorized expenses. Starting July 1, 2027, a portion of the fund's interest and income will be distributed to the general fund, with the distribution amount determined by law to ensure both growth of the trust fund and a steadily increasing distribution.

The resolution also outlines restrictions on the use of the trust fund's principal and income, allowing diversion only for specific purposes, such as paying claims related to unclaimed property or returning amounts as mandated by law. Additionally, any appropriation of the fund for other purposes would require a three-fourths majority vote from both houses of the Legislature. The State Investment Council will be responsible for investing the trust fund in various financial instruments as permitted by law.