The resolution proposes a constitutional amendment that would allow the Veterans' Land Board in Texas to issue general obligation bonds with a total principal amount exceeding previously authorized limits. Specifically, it seeks to amend Section 49-b(w) of Article III of the Texas Constitution to enable the Board to issue bonds for the purpose of selling land or providing mortgage loans to veterans, with the new cap set at $6 billion. The proceeds from these bonds would be allocated to benefit the Veterans' Land Fund and related housing assistance funds, and the management of these funds would be governed by existing laws.

Additionally, the resolution stipulates that this proposed amendment will be presented to voters during the election scheduled for November 4, 2025. The ballot will include a proposition allowing voters to express their support or opposition to the amendment, which aims to enhance financial support for veterans through increased bonding capacity.