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PA HB310
Bill
Status
1/23/2025
Primary Sponsor
Perry Stambaugh
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AI Summary
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Prohibits Pennsylvania school districts from levying real property taxes after June 30, 2029, though collection of taxes levied before that date would still be permitted
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Requires the General Assembly to annually provide each school district with state funding at least equal to the real property tax revenue collected during fiscal year 2028-2029, minus debt service obligations
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Authorizes replacement revenue through state sales taxes, state income taxes, local income taxes, and local earned income/net profits taxes
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Creates a "Stabilization of Education Fund" in the State Treasury to hold proceeds from state replacement taxes, with funds dedicated exclusively to school district support
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Permanently prohibits the General Assembly from enacting any real property tax through general, local, or special law; requires passage by two consecutive legislative sessions followed by voter approval as a constitutional amendment
Legislative Description
A Joint Resolution proposing an amendment to the Constitution of the Commonwealth of Pennsylvania, providing for expiration of authority to levy or collect real property taxes.
Last Action
Referred to Finance
1/23/2025