PRINTER'S NO. 1703
No. 1465 Session of 1989
INTRODUCED BY McNALLY, MAY 22, 1989
REFERRED TO COMMITTEE ON EDUCATION, MAY 22, 1989
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," further providing for temporary
6 special aid to school districts due to real property
7 reassessments.
8 The General Assembly of the Commonwealth of Pennsylvania
9 hereby enacts as follows:
10 Section 1. Section 2502.10(a) and (b) of the act of March
11 10, 1949 (P.L.30, No.14), known as the Public School Code of
12 1949, added June 25, 1982 (P.L.643, No.182), are amended to
13 read:
14 Section 2502.10. Temporary Special Aid to School Districts
15 Due to Real Property Reassessments.--(a) For the school year
16 1978-1979 and each school year thereafter, a school district
17 experiencing a [fifteen per centum (15%) loss in total local
18 revenue] ten per centum (10%) loss in real estate taxes
19 collected for the support of the public schools in any one (1)
20 year due to the reassessment of one or more properties within
1 the boundaries of the public school district shall qualify for
2 special aid for a period of two (2) years on the condition that
3 the school district tax rates which were in effect at the time
4 of the reassessment are not reduced. Countywide reassessment
5 shall not qualify a district for this special aid.
6 (b) During the first year of the reduction in [revenue]
7 taxes collected caused by the reassessment, a school district
8 shall qualify for and receive a special grant equal to fifty per
9 centum (50%) of the reduction, and in the following school year
10 the district shall qualify for and receive a special grant equal
11 to twenty-five per centum (25%) of the reduction in revenue
12 caused by the reassessment: Provided, however, That a school
13 district that qualified for such payments prior to the date of
14 this amendatory act shall receive its first payment in the year
15 this amendatory act is enacted.
16 * * *
17 Section 2. This act shall take effect in 60 days.
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