PRINTER'S NO. 3203
THE GENERAL ASSEMBLY OF PENNSYLVANIA
HOUSE BILL
No.
2168
Session of
2018
INTRODUCED BY KORTZ, ENGLISH, JAMES, MILLARD, BERNSTINE,
D. COSTA, COX, CUTLER, BOBACK, BARRAR, MARSICO, B. MILLER,
SAYLOR, LAWRENCE, ROTHMAN, WARD, DEASY, PICKETT, BARBIN,
M. QUINN, DeLUCA, GILLEN, THOMAS, A. DAVIS AND J. McNEILL,
MARCH 26, 2018
REFERRED TO COMMITTEE ON EDUCATION, MARCH 26, 2018
AN ACT
Amending the act of March 10, 1949 (P.L.30, No.14), entitled "An
act relating to the public school system, including certain
provisions applicable as well to private and parochial
schools; amending, revising, consolidating and changing the
laws relating thereto," in school districts, providing for
unlawful loans.
The General Assembly of the Commonwealth of Pennsylvania
hereby enacts as follows:
Section 1. The act of March 10, 1949 (P.L.30, No.14), known
as the Public School Code of 1949, is amended by adding a
section to read:
Section 217.1. Unlawful Loans.--(a) It shall be unlawful
for a school district to distribute a personal loan to any
person.
(b) No later than ten (10) days from the discovery that a
personal loan has been distributed in violation of this section,
in addition to the total loan balance, the recipient of the
personal loan shall pay a fee equal to twenty percent (20%) of
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the total loan balance, including the interest accrued, to the
school district.
Section 2. This act shall take effect in 60 days.
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