OH SJR4

Proposes adding Section 12 to Article VIII of the Ohio Constitution, to be placed on the November 3, 2026 general election ballot for voter approval

Authorizes the state to issue bonds to refund (refinance) existing school district debt obligations issued on or before November 3, 2026, with a maximum maturity of 20 years from the original obligation date

Waives the requirement for school districts, county school financing districts, career-technical cooperative education districts, and regional student education districts to levy property taxes to pay debt interest beginning January 1, 2027

Creates a dedicated state treasury fund restricted exclusively to funding primary and secondary education, funded by any state property tax levied for education purposes

All provisions are conditional upon voters approving a state property tax for K-12 education funding at the same November 2026 election; requires three-fifths approval in each legislative chamber to place on ballot