PRIOR PRINTER'S NO. 1504                      PRINTER'S NO. 1659

THE GENERAL ASSEMBLY OF PENNSYLVANIA


HOUSE BILL

No. 1263 Session of 1985


        INTRODUCED BY PIEVSKY, MAY 29, 1985

        AS AMENDED ON THIRD CONSIDERATION, HOUSE OF REPRESENTATIVES,
           JUNE 5, 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 $451,000 is hereby             <--
     6  appropriated to the Philadelphia College of Textiles and Science
     7  for the fiscal year July 1, 1985, to June 30, 1986, for
     8  instruction and student aid.
     9     Section 2.  Payments to the Philadelphia College of Textiles
    10  and Science on account of the appropriation provided in section
    11  1 shall be made by the Secretary of Education in equal quarterly
    12  payments.
    13     Section 3.  The Philadelphia College of Textiles and Science
    14  shall provide such information and in such form and manner as
    15  the Department of Education may prescribe.
    16     Section 4.  The Philadelphia College of Textiles and Science
    17  shall report its revenues and expenditures and present its

     1  financial statements in accordance with generally accepted
     2  accounting principles and procedures for educational
     3  institutions as set forth in the "Higher Education Finance
     4  Manual of 1975," without exception.
     5     Section 5.  This act shall take effect July 1, 1985, or, if
     6  enacted subsequent to that date, then immediately.
















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