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, providing for commercial property tax redistribution.

HB 465 (2025) amends Pennsylvania's Public School Code to redirect a portion of commercial property taxes collected by school districts to intermediate units for redistribution. School districts with commercial properties valued at $10 million or more must send increasing percentages of those taxes (starting at 10% in year one, rising to 70% by year seven) to their intermediate unit's commercial property tax group. The intermediate unit then redistributes these funds to school districts based on each district's average daily student enrollment relative to the total enrollment of all districts it serves. This bill directly affects school districts containing high-value commercial properties, changing how their commercial tax revenue is collected and allocated.