Pennsylvania Statutes Title 53 Pa.C.S.A. Municipalities Generally § 8723. Local sales tax revenues in cities of the first class

Notwithstanding the provisions of section 696 of the act of March 10, 1949 (P.L. 30, No. 14),  1 known as the Public School Code of 1949, an increase in grants to a school district of the first class by a city of the first class based on debt service to be paid as authorized under section 201-B(f)(1) of the Tax Reform Code  2 shall not require a comparable increase in grants by the city in subsequent years.