Pennsylvania HB2735: An Act amending the act of March 10, 1949 (P.L.30, No.14), known as the Public School Code of 1949, in school finances, further providing for limitations on certain unreserved fund balances.

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 school finances, further providing for limitations on certain unreserved fund balances.

From the introduced text, August 18, 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 school finances, further providing for limitations on certain unreserved fund balances. The General Assembly of the Commonwealth of Pennsylvania hereby enacts as follows: Section 1. Section 688 of the act of March 10, 1949 (P.L.30, No.14), known as the Public School Code of 1949, is amended to read: Section 688. Limitations on Certain Unreserved Fund Balances.--(a) For the [2005-2006] 2027-2028 school year and each school year thereafter, no school district shall approve an increase in real property taxes unless it has adopted a budget that includes an estimated ending [unreserved, undesignated] committed, assigned and unassigned fund balance less than the percentages set forth as follows: Estimated Ending [Unreserved, Undesignated] Committed, Assigned and School District Total Budgeted Expenditures Unassigned Fund Balance as Percentage of Total Budgeted Expenditures Less Than or Equal to $11,999,999 12% Between $12,000,000 and $12,999,999 11.5% Between $13,000,000 and $13,999,999 11% Between $14,000,000 and $14,999,999 10.5% Between $15,000,000 and $15,999,999 10% Between $16,000,000 and $16,999,999 9.5% Between $17,000,000 and $17,999,999 9% Between $18,000,000 and $18,999,999 8.5% Greater Than or Equal to $19,000,000 8% (b) By August 15, [2005] 2027, and August 15 of each year thereafter, each school district …

Read the full official text

Sponsors

• Kristin Marcell (R, 178) · primary sponsor
• Milou Mackenzie (R, 131)
• Craig Staats (R, 145)
• Brenda Pugh (R, 120)
• Catherine I Wallen (R, 193)
• Andrew Kuzma (R, 39)
• David Rowe (R, 85)

Latest actions

1. August 18, 2026: Referred to FINANCE, Aug. 18, 2026

Common questions

What is HB2735?

HB2735 is a bill in the Pennsylvania Legislature (2025-2026 Regular Session): An Act amending the act of March 10, 1949 (P.L.30, No.14), known as the Public School Code of 1949, in school finances, further providing for limitations on certain unreserved fund balances.

What does HB2735 do?

In its own words: 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 school finances, further providing for limitations on certain unreserved fund balances.

What is the status of HB2735?

In committee as of August 18, 2026. Latest action: Referred to FINANCE, Aug. 18, 2026 (August 18, 2026).

Who sponsored HB2735?

Kristin Marcell (R, 178), with 6 co-sponsors.

Where is the official record for HB2735?

On the Pennsylvania Legislature website: https://www.palegis.us/legislation/bills/2025/hb2735