The bill introduced by Senator Brenner aims to reform the school financing system in Ohio by establishing a new funding model that relies on a statewide per-pupil payment for public and chartered nonpublic schools. This new system would be funded through a single statewide property tax and an increase in the state sales tax. The bill intends to eliminate the ability of individual school districts to levy property and income taxes, thereby centralizing school funding at the state level.

Additionally, the bill proposes to eliminate existing state scholarship programs for primary and secondary students, shifting the focus to a per-pupil funding calculation that follows the student to their chosen school. This approach is designed to provide a more equitable funding mechanism across the state, ensuring that all students receive the same level of financial support regardless of their district's local tax base.