PRINTER'S NO. 1933

THE GENERAL ASSEMBLY OF PENNSYLVANIA


SENATE BILL

No. 1454 Session of 1982


        INTRODUCED BY TILGHMAN, MAY 14, 1982

        REFERRED TO APPROPRIATIONS, MAY 14, 1982

                                     AN ACT

     1  Making an appropriation to the Trustees of Drexel University of
     2     the Commonwealth of Pennsylvania at Philadelphia,
     3     Pennsylvania.

     4     The General Assembly of the Commonwealth of Pennsylvania
     5  hereby enacts as follows:
     6     Section 1.  The sum of $4,079,000 is hereby specifically
     7  appropriated to the Trustees of Drexel University of the
     8  Commonwealth of Pennsylvania at Philadelphia, Pennsylvania, for
     9  the fiscal period July 1, 1982 to June 30, 1983, for instruction
    10  and student aid.
    11     Section 2.  Payments to Drexel University, on account of the
    12  appropriation provided in section 1 shall be made by the
    13  Secretary of Education in equal quarterly payments.
    14     Section 3.  The university shall provide such information and
    15  in such form and manner as the Department of Education may
    16  prescribe.
    17     Section 4.  Drexel University shall report its revenues and
    18  expenditures and present its financial statements in accordance

     1  with generally accepted accounting principles and procedures for
     2  educational institutions as set forth in the "Higher Education
     3  Finance Manual of 1975," without exception.
     4     Section 5.  This act shall take effect July 1, 1982.


















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