Let me add an edit/update here as folks may skim (especially since my copying the bill summary made this thread so long).

I think that [B]bec811[/B] is beyond the initial concern/question although this is still a good discussion topic.

Legislation is never easy to understand at first glance. I think the original concern was the misunderstanding that the PTO's funds would be classified as Activity Funds and thus put under the school's jurisdiction.

PTO funds (school support group funds) are still their own.