The resolution proposes an amendment to the Constitution of West Virginia, specifically to section one-b of article X, which pertains to property taxation and homestead exemptions. The amendment seeks to increase the homestead exemption threshold from the first $20,000 to not less than $25,000 for property used exclusively for residential purposes by owners who are either 65 years of age or older or permanently and totally disabled. Additionally, it grants the Legislature the authority to make future modifications to the homestead exemption through general law, effective January 1, 2027.

The resolution mandates that this proposed amendment be presented to the voters of West Virginia during the general election in 2026 for ratification or rejection. It is designated as "Amendment 1" and is referred to as the "Homestead Exemption Increase Amendment." The amendment aims to provide greater property tax relief for eligible homeowners and to ensure that the Legislature has the flexibility to adjust the exemption amount as needed in the future.