PRINTER'S NO. 2794
No. 2061 Session of 1984
INTRODUCED BY PIEVSKY, APRIL 25, 1984
REFERRED TO COMMITTEE ON APPROPRIATIONS, APRIL 25, 1984
AN ACT 1 Making an appropriation to the Trustees of Drexel University, 2 Philadelphia, Pennsylvania. 3 The General Assembly of the Commonwealth of Pennsylvania 4 hereby enacts as follows: 5 Section 1. The sum of $4,412,000 is hereby appropriated to 6 the Trustees of Drexel University, Philadelphia, Pennsylvania, 7 for the fiscal year July 1, 1984 to June 30, 1985, for 8 instruction and student aid and for participation by a 9 representative of the institution, appointed by the Chief 10 Executive Officer thereof, as a member of the Pennsylvania 11 Academic Commission on Technological Development, a commission 12 for inter-institutional communication regarding technological 13 innovation and development and for dissemination of information 14 on such matters to the Pennsylvania business community and 15 others who may use such information for new business and job 16 development in Pennsylvania, such commission to be composed of 17 representatives of every State-owned or State-related
1 educational or scientific institution receiving General Fund 2 assistance from the Commonwealth. 3 Section 2. Payments to Drexel University on account of the 4 appropriation provided in section 1 shall be made by the 5 Secretary of Education in equal quarterly payments. 6 Section 3. The Drexel University shall provide such 7 information and in such form and manner as the Department of 8 Education may prescribe. 9 Section 4. Drexel University shall report its revenues and 10 expenditures and present its financial statements in accordance 11 with generally accepted accounting principles and procedures for 12 educational institutions as set forth in the "Higher Education 13 Finance Manual of 1975," without exception. 14 Section 5. This act shall take effect July 1, 1984 or, if 15 enacted subsequent to that date, then immediately. D17L84RZ/19840H2061B2794 - 2 -