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Bill > HB1731


PA HB1731

PA HB1731
In school finances, providing for reduction of school district debt.


summary

Introduced
07/24/2019
In Committee
07/24/2019
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

2019-2020 Regular Session

Bill Summary

An Act amending the act of March 10, 1949 (P.L.30, No.14), known as the Public School Code of 1949, in school finances, providing for reduction of school district debt.

AI Summary

This bill amends the Public School Code of 1949 to require school districts that received funding for construction projects approved by the Department of Education to use those funds to reduce any debt incurred for the construction project. The bill also requires school districts to reduce their millage rate as they pay down the debt. The act will take effect 60 days after it is passed.

Committee Categories

Education

Sponsors (18)

Last Action

Referred to EDUCATION (on 07/24/2019)

bill text


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