Discontinuing the state property tax levies for the Kansas educational building fund and the state institutions building fund and providing for financing therefor from the state general fund.

Added a new clause clarifying that all money transfers under this section are 'demand transfers,' meaning the state must provide the funds immediately upon request rather than at a later date.

Changed the phrase 'statewide residential valuation' to 'statewide residential{ taxable} valuation' to clarify that the calculation is based on taxable property values.

Updated the bill header to indicate it was amended by the Senate Committee of the Whole instead of just the Senate Committee.

The initial one-time transfer from the state general fund to the Kansas educational building fund was reduced from $56,000,000 to $50,000,000.

A new requirement was added to calculate annual transfers starting in 2027 as 2% of the previous year's amount, based on the average percentage change in statewide residential property valuations over the preceding 10 years.

New administrative duties were assigned to the director of property valuation to determine the percentage increase and certify transfer amounts to the director of accounts and reports by February 1 of each year.

Removed draft session headers, committee attribution, and page numbers that were present in the original introduction version.

Consolidated fragmented text lines into continuous paragraphs and removed line numbers used for legislative markup.

Adjusted the formatting of the bill title and enacting clause to match the standard enrolled bill style.