A charter school, regional charter school or cyber charter school, as defined in Section 1703-a of the act of March 10, 1949 ( P.L. 30, No.14), known as the public school code of 1949, is an independent public school and shall be free from taxation within this Commonwealth to the same extent as a school district for purposes of the surplus lines tax under Section 1621 of the act of May 17, 1921 ( P.L. 682, No.284), known as the insurance company law of 1921.
72 P.S. § 9901-H