1Amending the act of June 27, 2006 (1st Sp.Sess., P.L.1873,
2No.1), entitled "An act providing for taxation by school
3districts, for the State funds formula, for tax relief in
4first class cities, for school district choice and voter
5participation, for other school district options and for a
6task force on school cost reduction; making an appropriation;
7prohibiting prior authorized taxation; providing for
8installment payment of taxes; restricting the power of
9certain school districts to levy, assess and collect taxes;
10and making related repeals," further providing for tax relief
11in cities of the first class.

12The General Assembly of the Commonwealth of Pennsylvania
13hereby enacts as follows:

14Section 1. Section 703 of the act of June 27, 2006 (1st
15Sp.Sess., P.L.1873, No.1), known as the Taxpayer Relief Act, is
16amended by adding a subsection to read:

17Section 703. Tax relief.

18* * *

19(a.1) Allocation to school district.--Notwithstanding the
20provisions of subsection (a), a city of the first class shall
21transfer all money received from the fund, to offset reductions
22in the wage and net profits tax on residents and nonresidents,
23to a school district in the city of the first class. This

1subsection shall expire five years after the effective date of
2this subsection.

3* * *

4Section 2. This act shall take effect in 60 days.