Proposes an amendment to Constitution specifying a method of providing for the maintenance and support of a thorough and efficient system of free public schools and allocating all income tax receipts to school districts.

ACR 47 proposes a constitutional amendment to redirect New Jersey's personal income tax revenue directly to public schools. It would require all net receipts from the state's income tax to be allocated to school districts on a per-student basis, replacing the current system where such revenue partially funded property tax relief. The amendment specifies that this allocation would fulfill the state's constitutional duty to maintain "a thorough and efficient system of free public schools," while clarifying that the Legislature retains authority to provide additional school funding through other means. This change would modify Article VIII of the New Jersey Constitution to explicitly mandate school district funding from income tax revenue, rather than allowing flexibility for property tax relief or other uses.