The resolution proposes an amendment to the West Virginia Constitution, specifically adding a new section, 10-1d, which would allow the Legislature to create laws that exempt certain real property from ad valorem taxation. This exemption would apply to owner-occupied residential properties and mobile homes used exclusively for residential purposes, provided that the owner is a citizen of West Virginia. The amendment stipulates that no individual or couple can claim more than one exemption and that the properties will still be subject to appraisal and reappraisal as per existing laws.

The resolution outlines that the proposed amendment will be presented to voters during the general election in 2028, and it is designated as "Amendment No. 1" with the title "Exemption from Ad Valorem Taxation on Owner-Occupied Real Property." The purpose of this amendment is to provide the Legislature with the authority to exempt certain residential properties from taxation, thereby potentially reducing the financial burden on homeowners in the state.