Amend Article VIII, Section IV, paragraph 1, to read as follows:
1. The Legislature shall provide for the maintenance and support of a thorough and efficient system of free public schools for the instruction of all the children in the State between the ages of five and 18 years. Maintenance and support shall be provided through the enactment, from time to time, of laws prescribing the components of a thorough and efficient system of free public schools. These laws shall also provide for the funding of a system of free public schools in the manner and to the extent the Legislature determines to be appropriate, including, but not limited to, the amount of funds to be provided by the State and by the local school districts, the purposes for which these funds are to be expended, the formulas pursuant to which these funds are to be allocated, and the manner and means by which these funds are to be raised; but nothing herein contained shall be construed as requiring any minimum or establishing any maximum amount of funds to be provided by the State, or in any way restricting, limiting, or otherwise affecting the right of the Legislature to regulate the funding of a thorough and efficient system of free public schools in the manner and to the extent the Legislature determines to be appropriate.
2. When this proposed amendment to the Constitution is finally agreed to, pursuant to Article IX, paragraph 1 of the Constitution, it shall be submitted to the people at the next general election occurring more than three months after the final agreement and shall be published at least once in at least one newspaper of each county designated by the President of the Senate and the Speaker of the General Assembly and the Secretary of State, not less than three months prior to the general election.