Senate Joint Resolution No. 4, proposed by Schwertner, seeks to amend the Texas Constitution to increase the maximum allowable amount in the economic stabilization fund from 10 percent to 15 percent of the total general revenue deposited during the preceding biennium, excluding investment and interest income. This change aims to enhance the state's financial security by allowing for a larger reserve in the economic stabilization fund, which serves as a financial buffer during economic downturns.

The resolution includes a temporary provision stating that the amendment will take effect on September 1, 2028, and will expire on September 1, 2029. Additionally, the proposed amendment will be presented to voters in an election scheduled for November 4, 2025, allowing the public to decide on the increase in the fund's maximum limit. The ballot will feature a proposition that emphasizes the goal of providing greater financial security for Texas through this constitutional change.