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§ 1709-E.2. Public school building lease and debt service reimbursements for fiscal year 2015-2...

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 72 P.S. Taxation and Fiscal AffairsEffective: April 25, 2016

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 72 P.S. Taxation and Fiscal Affairs
Chapter 1. The Fiscal Code (Refs & Annos)
Article XVII-E.2. School District Debt Refinancing Bonds (Refs & Annos)
Effective: April 25, 2016
72 P.S. § 1709-E.2
§ 1709-E.2. Public school building lease and debt service reimbursements for fiscal year 2015-2016
Currentness
(a) General rule.--For the 2015-2016 fiscal year, the Department of Education shall utilize undistributed funds not expended as of April 15, 2016, from appropriations for payment on account of annual rental or sinking fund charges on school buildings, including charter schools, to make reimbursements for school building leases and debt service necessary to make payments in fiscal year 2015-2016 under this article.
(b) Exclusion.--This section shall not include reimbursement for debt service meeting the criteria for bond issuance under this article.

Credits

1929, April 9, P.L. 343, No. 176, art. XVII-E.2, § 1709-E.2, added 2016, April 25, P.L. 168, No. 25, § 15.1, imd. effective.
72 P.S. § 1709-E.2, PA ST 72 P.S. § 1709-E.2
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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