HB 2735: 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.
HB 2735 status: Referred — Referred to Finance (updated Aug 18, 2026).
What this bill does
Overall score
Bill summary
OfficialThis bill is being discussed in the House. It aims to set a limit on how much "extra" cash public schools are allowed to keep in their savings accounts.
Key analysis
Impact analysis
Environment
Benefits
- no direct effect identified
Risks
- no direct effect identified
Economy
Benefits
- prevents excessive hoarding of taxpayer funds
- promotes fiscal transparency in districts
Risks
- limits districts' ability to maintain a financial cushion
- potential for increased district fiscal instability
Society
Benefits
- increases accountability of school board financial planning
Risks
- risks underfunding emergency educational programs if reserves are capped too low
How trustworthy & consequential it is
Source
OpenStates
Confidence
lowlow
Analysis status
OpenStates summary
Risk of reduced financial resilience in school districts during sudden enrollment or economic shifts
Analysis based on a brief abstract; full legislative text not reviewed
Where it stands
Introduced
CompleteCommittee
CurrentReferred to Finance
Floor
UpcomingGovernor
UpcomingEnacted
UpcomingHow it affects your district
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