Pennsylvania HB2632: An Act amending the act of March 10, 1949 (P.L.30, No.14), known as the Public School Code of 1949, in educational tax credits, further providing for limitations and providing for termination of authority; providing for education options tax credits; establishing the Accountability for Diverted Tax Dollars Restricted Account; providing for scholarship granting organizations, for application by eligible contributors, for scholarships, for educational improvement programs, for low-achieving schools, for school participation in program and for original jurisdiction; and imposing duties on the Department of Community and Economic Development, the Department of Education, the Department of Revenue, the Auditor General, the Independent Fiscal Office and the State Treasurer.

What the bill says

An act relating to the public school system, including certain provisions applicable as well to private and parochial schools; amending, revising, consolidating and changing the laws relating thereto," in educational tax credits, further providing for limitations and providing for termination of authority; providing for education options tax credits; establishing the Accountability for Diverted Tax Dollars Restricted Account…

From the introduced text, June 12, 2026:

An act relating to the public school system, including certain provisions applicable as well to private and parochial schools; amending, revising, consolidating and changing the laws relating thereto," in educational tax credits, further providing for limitations and providing for termination of authority; providing for education options tax credits; establishing the Accountability for Diverted Tax Dollars Restricted Account; providing for scholarship granting organizations, for application by eligible contributors, for scholarships, for educational improvement programs, for low- achieving schools, for school participation in program and for original jurisdiction; and imposing duties on the Department of Community and Economic Development, the Department of Education, the Department of Revenue, the Auditor General, the Independent Fiscal Office and the State Treasurer. The General Assembly of the Commonwealth of Pennsylvania hereby enacts as follows: Section 1. Section 2006-B(a)(1) introductory paragraph, (i) and (ii) and (2) of the act of March 10, 1949 (P.L.30, No.14), known as the Public School Code of 1949, amended November 12, 2025 (P.L.244, No.47), are amended and the subsection is amended by adding a paragraph to read: Section 2006-B. Limitations. (a) Amount.-- (1) [The] For fiscal years prior to the 2027-2028 fiscal year, the total aggregate amount of all tax credits approved for contributions from business firms to scholarship organizations, educational improvement organizations and pre- kindergarten scholarship organizations shall not exceed $590,000,000 …