The proposed joint resolution seeks to amend the Wyoming Constitution by adding a new section, Article 15, Section 21, which explicitly prohibits the imposition of a carbon tax by the state and any local governmental entities. A "carbon tax" is defined within the bill as any tax, fee, assessment, or penalty related to the use or purchase of carbon or carbon-based products, as well as taxes based on the carbon emissions associated with electricity or other utilities. The resolution aims to ensure that neither the state nor any political subdivision can levy or collect such a tax.

If ratified by a majority of voters in the next general election, this amendment would solidify the prohibition against carbon taxes in Wyoming, thereby preventing any governmental entity from imposing charges based on carbon usage or content. The Secretary of State is tasked with endorsing a statement that clarifies the implications of this amendment for voters, emphasizing that it would eliminate the ability of any governmental body to impose taxes related to carbon emissions or usage.