An Act amending the act of March 10, 1949 (P.L.30, No.14), known as the Public School Code of 1949, in intermediate units, further providing for powers and duties of the intermediate unit board of directors and for capital subsidy.

This bill amends Pennsylvania's Public School Code to change how intermediate school service agencies (like regional education providers) handle facility acquisitions and state funding. It grants intermediate unit boards the power to buy, lease, or accept gifts of land/buildings (Section 914-A(11)) but requires pre-approval from the Secretary of Education for all lease/loan agreements involving facilities (Section 919.1-A(a)). The state will provide capital subsidies based on a formula: student enrollment multiplied by average district spending per student, then multiplied by 0.03% (using the latest available data). This directly affects intermediate units and school districts using their services, as it alters facility financing rules and state funding calculations.