HB 41 proposes repealing school district maintenance and operations (M&O) property taxes starting in 2030, replacing them with a state-level value added tax (VAT) and allowing local and school district enrichment VATs. Local sales and use taxes would be repealed, and replaced by local VATs capped at 2%, with school districts allowed to levy up to 0.5% for enrichment purposes. It also includes substantial changes to school finance, requiring the state to fully fund the Foundation School Program without reliance on local M&O property taxes.