PRINTER'S NO. 1504
No. 1263 Session of 1985
INTRODUCED BY PIEVSKY, MAY 29, 1985
REFERRED TO COMMITTEE ON APPROPRIATIONS, MAY 29, 1985
AN ACT
1 Making an appropriation to the Philadelphia College of Textiles
2 and Science.
3 The General Assembly of the Commonwealth of Pennsylvania
4 hereby enacts as follows:
5 Section 1. The sum of $438,000 is hereby appropriated to the
6 Philadelphia College of Textiles and Science for the fiscal year
7 July 1, 1985, to June 30, 1986, for instruction and student aid.
8 Section 2. Payments to the Philadelphia College of Textiles
9 and Science on account of the appropriation provided in section
10 1 shall be made by the Secretary of Education in equal quarterly
11 payments.
12 Section 3. The Philadelphia College of Textiles and Science
13 shall provide such information and in such form and manner as
14 the Department of Education may prescribe.
15 Section 4. The Philadelphia College of Textiles and Science
16 shall report its revenues and expenditures and present its
17 financial statements in accordance with generally accepted
1 accounting principles and procedures for educational
2 institutions as set forth in the "Higher Education Finance
3 Manual of 1975," without exception.
4 Section 5. This act shall take effect July 1, 1985, or, if
5 enacted subsequent to that date, then immediately.
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