Senate Bill 21-172 Summary

• Creates the Educator Pay Raise Fund in the state treasury to assist school districts and charter schools in increasing salaries for teachers and hourly wages for non-licensed employees.

• Establishes a 12-member task force to develop recommendations for distributing fund money, with representation from teachers, employees, school administrators, board members, and charter school staff; task force must submit report by January 15, 2022.

• Requires that any school district or charter school receiving distributions must maintain baseline funding for educator salaries from other revenue sources to ensure new funds supplement rather than replace existing education budgets.

• Fund becomes operational only if voters approve a statewide measure by November 2027 that increases state tax revenue dedicated to the educator pay raise fund.

• Task force and related provisions expire July 1, 2022, while most bill provisions take effect upon passage.