This measure establishes a program that would provide $13,000 in state funding for each K-12 student attending a participating private school (excluding homeschool). Any funds not used for private school tuition and fees could be saved and used for postsecondary education expenses, up to a limit of $60,000 per student. The program initially would be limited to students from families below certain income thresholds, but would be open to all students by the end of the five-year implementation period (Amendment #1).