SJR 53 Summary

• Proposes constitutional amendment adding Section 8F to Article X establishing an ad valorem property tax credit for homeowners providing homeschool education to dependent children under age 19.

• Tax credit amount equals one-half of ad valorem taxes paid on the homestead per dependent child, not exceeding total taxes actually paid.

• Defines "provides a homeschooled education" as educational programs provided through means other than public or private schools.

• Allows unused tax credits to be carried forward for four tax years following the year of qualification; requires Legislature to enact implementing legislation.

• Directs Secretary of State to refer proposed amendment to voters for approval and specifies ballot title language for the measure.