An Act amending the act of March 10, 1949 (P. L. 30, No. 14), entitled "Public School Code of 1949," providing for the combination of school districts, charging the State Board of Education to receive such petitions, to conduct hearings on the petitions and to submit approved petitions to referendum; making certain clarifications and updating the law relative to annexations; requiring that school boards affected by annexations shall properly and adequately advertise and hold a public meeting to decide whether to request a hearing before the Council of Basic Education; providing for the establishment of transfer districts from one school district to an adjacent district, charging the State Board of Education to receive such petitions, to conduct hearings on the petitions and to approve or reject such requests.