Bill > SB93

This bill proposes a comprehensive overhaul of Ohio's school financing system by eliminating local school district property and income tax levies and replacing them with a single statewide property tax and an increased state sales tax. The legislation aims to create a new funding model where schools receive a uniform per-pupil payment based on student enrollment, allowing families to choose which public or chartered nonpublic school their child will attend. As part of this restructuring, the bill would also terminate existing state scholarship programs for primary and secondary students. The key objectives are to standardize school funding across the state, remove local tax variation, and provide a more centralized approach to educational financing that gives families more flexibility in school selection. By shifting from local to state-level taxation and funding, the bill seeks to potentially equalize educational resources and reduce disparities between school districts that currently exist due to varying local tax bases.