The resolution proposes an amendment to Article VII of the Washington State Constitution, which will be presented to voters in the next general election. This amendment would allow the legislature to establish a residential real property tax exemption for individuals' principal residences. Additionally, the legislature would have the authority to impose specific restrictions and conditions regarding the granting of this exemption.

To ensure public awareness, the resolution mandates that the Secretary of State publish notice of the proposed constitutional amendment in legal newspapers across the state at least four times in the month leading up to the election. This process aims to inform qualified voters about the amendment, allowing them to make an informed decision regarding its approval or rejection.