An Act amending the act of March 10, 1949 (P.L.30, No.14), known as the Public School Code of 1949, in reimbursements by Commonwealth and between school districts, providing for reimbursements for borrowing costs during budget impasse; and establishing the School District Impasse Recovery Fund.

HB 2025 amends Pennsylvania's Public School Code to address financial strain on school districts during budget disputes with the state. It requires the Commonwealth to reimburse school districts for costs incurred when borrowing money to cover operating expenses during a budget impasse. The bill establishes a new "School District Impasse Recovery Fund" to manage these reimbursements. This directly affects school districts facing funding delays and the state budget office responsible for disbursing funds. The provision creates a concrete mechanism for financial relief during budget standoffs, without altering existing funding formulas.