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 school districts lying in more than one county or in more than one municipality and limitation on total tax revenues.

This bill updates Pennsylvania's Public School Code to clarify how school districts that span multiple counties or municipalities must manage their property tax revenues. It requires these districts to ensure a uniform tax rate across all areas they cover, offering several options to achieve this consistency, such as adjusting tax rates individually in each county or using a single uniform rate if local assessment methods align. The legislation also provides specific instructions on how to calculate market values for properties when a district crosses county lines, allowing school directors to choose the most appropriate valuation method for their situation. Ultimately, the law aims to create a fairer and more predictable system for taxing real estate within multi-jurisdictional school districts.