COLUMBIA, S.C. (AP) -- A bi-partisan group of South Carolina legislators wants to create a uniform education funding system that boosts funding for most students while cutting property taxes for businesses and rental owners.
Republican Rep. Jenny Horne of Summerville led a news conference Tuesday calling for a revamping of South Carolina's fragmented, decades-old education funding formulas.
The five Republicans and one Democrat say a bill will be filed Wednesday to jumpstart the conversation.
The concept involves creating a statewide system of property tax billing for school operations and spending the same on students statewide. The amount per child would be weighted with additional spending, for example, for poor students and gifted and talented students.
Most businesses would get a tax break.