PROHIBITS PUBLIC FUNDING OF SCHOOLS THROUGH TAXES. INITIATIVE CONSTITUTIONAL AMENDMENT

Prohibits property, sales, or income taxes from being used to fund California\u27s public schools, colleges, and universities, or to buy textbooks for grades one through eight. Summary of estimate by Legislative Analyst and Director of Finance of fiscal impact on state and local government: Elimination of most existing state and local government funding for education programs. Likely major shifts in state and local government budgeting