53 Pa. Stat. § 6926.903

Current through Pa Acts 2024-53, 2024-56 through 2024-111
Section 6926.903 - School district choice
(a)General rule.--Within 30 days of receipt of the notice required under section 505(a)(4), a board of school directors of a school district, except a school district of the first class, may by resolution reject the property tax reduction allocation provided to the school district pursuant to Chapter 5.
(b)Notice to department.--Within five days after adopting the resolution, the board of school directors shall notify the department in a form and manner prescribed by the department.
(c)Effect of resolution.--A school district that adopts a resolution pursuant to subsection (a) shall be ineligible to receive a property tax reduction allocation pursuant to Chapter 5 for the upcoming fiscal year, and the school district's property tax reduction allocation shall be deposited into the Property Tax Relief Reserve Fund.

53 P.S. § 6926.903

2006, June 27, P.L. 1873, No. 1(Spec. Sess. No. 1), § 903, imd. effective.