PRINTER'S NO. 3682
No. 2773 Session of 1980
INTRODUCED BY LEVI, FRYER, A. C. FOSTER, JR., DeMEDIO AND FEE,
JUNE 24, 1980
REFERRED TO COMMITTEE ON LOCAL GOVERNMENT, JUNE 24, 1980
AN ACT
1 Amending the act of March 10, 1949 (P.L.30, No.14), entitled "An
2 act relating to the public school system, including certain
3 provisions applicable as well to private and parochial
4 schools; amending, revising, consolidating and changing the
5 laws relating thereto," authorizing taxation for the purpose
6 of paying interest and principal on certain indebtedness.
7 The General Assembly of the Commonwealth of Pennsylvania
8 hereby enacts as follows:
9 Section 1. Subsection (b) of section 672, act of March 10,
10 1949 (P.L.30, No.14), known as the "Public School Code of 1949,"
11 amended December 10, 1974 (P.L.914, No.302) is amended to read:
12 Section 672. Tax Levy; Limitations.--* * *
13 (b) Boards of school directors of districts of the second,
14 third, and fourth classes are hereby authorized to levy
15 annually, a tax on each dollar of the total assessment of all
16 property assessed and certified for taxation therein, (1) to pay
17 up to and including the salaries and increments of the teaching
18 and supervisory staff, (2) to pay rentals due any municipality
19 authority or nonprofit corporation or due the State Public
1 School Building Authority, (3) to pay [sinking fund charges
2 incurred in connection with school building projects approved by
3 the Department of Public Instruction] interest and principal on
4 any indebtedness incurred pursuant to the act of July 12, 1972
5 (P.L.781, No.185),known as the "Local Government Unit Debt Act,"
6 or any subsequent act governing the incurrence of indebtedness
7 of the school district, which tax shall be unlimited, and (4) to
8 pay for the amortization of a bond issue which provided a school
9 building prior to the first Monday of July, 1959.
10 * * *
11 Section 2. This act shall take effect in 60 days.
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