SB 157, PN822: The legislation amends the Public School Code to provide for the regulation of credit card marketing on a college or university campus.  The bill establishes the College Campus Credit Card Marketer Act and places restrictions on credit card solicitations to college students.  A 48-0 vote was recorded.

SB 680, PN827: The legislation amends the Public School Code to provide for certain limitations on school district fund balances.  No school district shall approve an increase in real property taxes unless it has adopted a budget that includes an estimated, ending unreserved, undesignated balance less than or equal to 8% of its total budgeted expenditures for that school year.  The bill also mandates each school district that approves a real property tax increase to provide the Department of Education with information certifying compliance with these provisions by August 15, 2003, and each year thereafter.  A 48-0 vote was recorded. 

A0633(Mellow): This amendment is intended to help smaller school districts within the Commonwealth that have smaller budgets.  It removes the 8% requirement in the original bill and replaces it with a percentage scale based upon each school districts total budgeted expenditures for that school year.  A 48-0 vote was recorded.