The resolution proposes an amendment to the Constitution of West Virginia, specifically to section 1 of article X, which pertains to taxation and finance. The amendment seeks to grant the Legislature the authority to exempt tangible inventory personal property that is directly used in business activities from ad valorem property taxation. This change aims to alleviate the tax burden on businesses by allowing for such exemptions through general law. The resolution stipulates that the proposed amendment will be presented to the voters of West Virginia for ratification or rejection during the general election scheduled for 2028.

Additionally, the resolution outlines the specific language of the proposed amendment and provides a summarized statement of its purpose, designating it as "Amendment No. 1" and referring to it as the "Business Inventory Tax Exemption Amendment." The amendment is intended to enhance the business environment in West Virginia by enabling the Legislature to create tax exemptions for certain types of personal property used in business, thereby promoting economic growth and development within the state.