Bill Text: PA HB372 | 2013-2014 | Regular Session | Introduced

NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: Further providing for limitations on certain unreserved fund balances.

Spectrum: Moderate Partisan Bill (Democrat 14-3)

Status: (Introduced - Dead) 2013-01-29 - Referred to EDUCATION [HB372 Detail]

Download: Pennsylvania-2013-HB372-Introduced.html

PRINTER'S NO. 384

 

THE GENERAL ASSEMBLY OF PENNSYLVANIA

 

HOUSE BILL

No.

372

Session of

2013

 

 

 

INTRODUCED BY DELUCA, D. COSTA, PASHINSKI, CARROLL, STURLA, FABRIZIO, DEAN, READSHAW, GOODMAN, O'NEILL, KORTZ, WHITE, MATZIE, FREEMAN, MILLER, MURT AND MOLCHANY, JANUARY 29, 2013

 

 

REFERRED TO COMMITEE ON EDUCATION, JANUARY 29, 2013

 

 

 

AN ACT

 

1Amending the act of March 10, 1949 (P.L.30, No.14), entitled "An
2act relating to the public school system, including certain
3provisions applicable as well to private and parochial
4schools; amending, revising, consolidating and changing the
5laws relating thereto," further providing for limitations on
6certain unreserved fund balances.

7The General Assembly of the Commonwealth of Pennsylvania
8hereby enacts as follows:

9Section 1. Section 688 of the act of March 10, 1949 (P.L.30,
10No.14), known as the Public School Code of 1949, is amended by
11adding a subsection to read:

12Section 688. Limitations on Certain Unreserved Fund
13Balances.--* * *

14(d) No charter or cyber charter school entity shall receive
15payment from a school district entity unless it has adopted a
16budget that includes an estimated unreserved, undesignated fund
17balance of less than five per centum (5%) of the total budgeted
18expenditures.

19Section 2. This act shall take effect in 60 days.

 

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