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PA SB929
Bill
Status
7/14/2025
Primary Sponsor
Chris Gebhard
Click for details
AI Summary
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School districts prohibited from levying real property taxes after June 30, 2029, though they may still collect taxes levied before that date
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General Assembly required to annually provide each school district with funding at least equal to the property tax revenue collected in fiscal year ending June 30, 2029, minus debt service obligations from that year
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Replacement revenue sources authorized include: state sales tax, state income tax, local income tax on residents, and local earned income/net profits tax
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General Assembly permanently prohibited from enacting any real property tax through general, local, or special law
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Creates a "Stabilization of Education Fund" in the State Treasury to hold proceeds from replacement taxes (except local income/earned income taxes), with funds restricted solely to school district support
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 State Government
7/14/2025