A recent suggestion about changing the homework policy gathered quite a bit of support, and a specific proposal for a new policy is currently being thrashed out. The new policy is basically just a rephrasing of the old one, effectively changing "you can ask homework questions, but only if they're about concepts" to "you can't ask homework questions, but you can ask questions about concepts." This will involve changes to the homework close reason, as well as the homework policy documentation on meta, the tag wiki, and a few other things.
If we decide to change the homework policy, we have to decide what the new version will say about the homework tag.
This entails two distinct choices: first we have to decide whether any homework questions should be on topic; if not, then we have to decide whether to keep the tag. This makes a total of three options, and I will post answers corresponding to each of them so that we can vote on them.
Note that none of these changes will happen unless the proposed policy change goes ahead. If you're for or against the policy change itself, please express this by voting on the proposal, rather than here.
Policy opition 1: some homework is on topic
This entails keeping the homework tag, and keeping its meaning separate from the homework close reason. This means some questions will be classed as homework, but also still be on topic, as is the case with the current policy.
The proposed policy (in its present form) takes this approach, but (in comparison to the current policy) raises the bar in terms of what's required for an on-topic homework question.
Policy option 2: all homework is off-topic
The other option is a policy that defines all homework as off-topic. This has the advantage of making the policy simpler to apply, hopefully encouraging more people to join in with closing homework questions. However, it will take some work to convert "good" homework questions into non-homework questions.
If we take this approach there are two options for what to do with the tag.
Keep the homework tag, but let it be synonymous with the close reason, i.e. if a question is legitimately tagged as homework then it should be closed. Keeping the tag means that people can still ignore it. If the new policy is successful in increasing the rate at which homework questions are closed, we would later have a discussion about getting rid of the tag altogether.
Delete ("burninate") the homework tag shortly after the new policy is introduced. This can be justified on the grounds that option 2 would be tag abuse, which is generally frowned upon. From a more pragmatic standpoint, if people can't ignore homework questions they're more likely to participate in closing them. However, this is quite a radical step to take.