This paper traces the development of school reform pressures in Kansas from the implementation of the foundation program in 1965 to the passage of substitute Senate Bill 92 during the 1973 legislative session. Bill 92 is designed to produce equalization of school district expenditures and tax levies by a formula based on the concept of funding the current budget of the 310 school districts in Kansas at the level of the median district in three categories of school districts based upon total K-12 enrollment of the district. The bill provides for approximately 50 percent State funding of K-12 current operating expenses and incorporates the power equalizing principle for those districts that wish to make expenditures greater or less than the median school district in its size class. The main features of SB-92 described in this paper include provisions for raising State and local school revenue; local tax relief; the principal State aid program; and separate State aid programs for driver education, vocational education, and special education. The document also considers the effect of the legislation on selected school districts and examines its legal implications. (Author/DN)