Section 1709-E.2. Public school building lease and debt service reimbursements for fiscal year 2015-2016.
(a) General rule.--For the 2015-2016 fiscal year, the Department of Education shall utilize undistributed funds not expended as of April 15, 2016, from appropriations for payment on account of annual rental or sinking fund charges on school buildings, including charter schools, to make reimbursements for school building leases and debt service necessary to make payments in fiscal year 2015-2016 under this article.
(b) Exclusion.--This section shall not include reimbursement for debt service meeting the criteria for bond issuance under this article.
(1709-E.2 added Apr. 25, 2016, P.L.168, No.25)