The resolution proposes a constitutional amendment that would allow the Texas legislature to establish a permanent limit on the maximum appraised value of real property, excluding residence homesteads, for ad valorem tax purposes. This amendment aims to provide more stability and predictability in property taxation for non-homestead properties.

If approved, the amendment will be presented to voters during an election scheduled for May 2, 2026. The ballot will include a proposition allowing voters to express their support or opposition to the constitutional change, specifically regarding the legislature's authority to make the appraised value limit permanent.