The measure would consolidate the constitution's property tax exemption provisions into a single article. As of 2022, the subsections in Article 9 of the Arizona Constitution set specific exemption amounts for widows and widowers; those with total and permanent disabilities; disabled veterans; and property used for trade, business, or agriculture. This measure would allow the legislature to determine amounts and qualifications for the above groups.

It would also repeal the constitutional language providing for a property tax exemption for honorably discharged veterans, which was ruled unconstitutional in Benjamin v. Arizona Department of Revenue.