The resolution proposes an amendment to the West Virginia Constitution that would allow for an increase in the homestead exemption for individuals whose annual income does not exceed $20,000. Specifically, it seeks to amend Section 1b of Article X to enable the homestead exemption to increase by $20,000 increments every five years, ultimately reaching a maximum exemption of $100,000 for individuals who are 85 years of age or older. This amendment aims to provide financial relief to low-income residents by reducing their property tax burden.

The resolution outlines the process for submitting this proposed amendment to the voters of West Virginia during the general election in 2028. It includes provisions for the assessment and taxation of property, as well as the authority of the Legislature to establish laws related to property tax exemptions and reappraisals. The amendment is designated as "Amendment No. 1" and is summarized as the "Authorization to increase homestead exemption amendment," emphasizing its purpose to enhance the financial support for eligible citizens through increased homestead exemptions.