This bill repeals the weighted pupil unit (WPU) value rate from the combination of property tax rates that fund public education.
This bill:
- repeals the WPU value rate from the combination of property tax rates that fund public education;
- provides that the repeal of the WPU value rate does not affect the amount of ongoing appropriations to the Teacher and Student Success Program;
- includes a clause to coordinate the effect of the repeal of the WPU value rate with language that S.B. 37, Minimum Basic Tax Rate Amendments, enacts; and
- makes technical and conforming changes.

Statutes affected:
Introduced: 53F-2-301, 59-2-919.1, 59-2-926
Substitute #1: 53F-2-301, 59-2-919.1, 59-2-926
Substitute #2: 53F-2-301, 59-2-919.1, 59-2-926