This bill proposes the addition of a new section, 18A-4-2d, to the Code of West Virginia, aimed at enhancing teacher salaries through a market pay enhancement system. The legislation outlines the necessity for competitive pay to attract and retain certified teachers in West Virginia, particularly in light of regional disparities in the cost of living. It establishes a formula for calculating market pay enhancements based on the median home prices in the teacher's county and contiguous counties, with adjustments made every five years. The State Board of Education is tasked with determining the necessary figures and certifying the enhancements to the State Auditor.

Furthermore, the bill stipulates that these market pay enhancements will be distributed as a lump sum to certified teachers in counties where the enhancements are applicable, starting July 15, 2027. These payments will be in addition to the state minimum salary schedule and will be subject to personal income tax. Importantly, the bill clarifies that there is no right to grievance regarding market pay disparities, and it mandates the State Board of Education to report on the enhancements to the Joint Committee on Government and Finance. The bill also allows for rulemaking to implement its provisions effectively.

Statutes affected:
Introduced Version: 18A-4-2d