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This resolution proposes amending the Utah Constitution to embed a broad set of spending and tax limits on state and local government, and asks voters to approve it at the next general election. Under the proposed amendment, homes would be valued for tax purposes using only the "sales comparison approach" — meaning what similar nearby homes have sold for — while the Legislature would gain authority to exempt business equipment and property from property taxes. Any tax increase, new debt, or spending above the prior year's budget adjusted for inflation and population growth would require voter approval, and government entities that collect more revenue than their spending limit allows would be required to refund the excess to taxpayers. The amendment also prohibits the state from passing new program costs down to cities and counties, and allows individuals to file lawsuits — with attorney fees paid by the government if they win — to enforce these limits.