PRINTER'S NO. 1831
No. 1563 Session of 1991
INTRODUCED BY EVANS, JUNE 5, 1991
REFERRED TO COMMITTEE ON APPROPRIATIONS, JUNE 5, 1991
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 $419,000 is hereby appropriated to the
6 Philadelphia College of Textiles and Science for the fiscal year
7 July 1, 1991, to June 30, 1992, for instruction and student aid.
8 The final payment totaling no less than 25% of this
9 appropriation is contingent on the Secretary of Education
10 certifying to the General Assembly that the Philadelphia College
11 of Textiles and Science has fully cooperated in the Department
12 of Education's efforts to fulfill the requirements of the higher
13 education accountability appropriation to the Department of
14 Education.
15 Section 2. Payments to the Philadelphia College of Textiles
16 and Science on account of the appropriation provided in section
17 1 shall be made by the Secretary of Education in equal quarterly
1 payments.
2 Section 3. The Philadelphia College of Textiles and Science
3 shall provide full, complete and accurate information as may be
4 required by the Department of Education or the Majority Chairman
5 or the Minority Chairman of the Appropriations Committee of the
6 Senate or the Majority Chairman or the Minority Chairman of the
7 Appropriations Committee of the House of Representatives.
8 Section 4. The Philadelphia College of Textiles and Science
9 shall report its revenues and expenditures and present its
10 financial statements in accordance with generally accepted
11 accounting principles and procedures for educational
12 institutions as set forth in the "Higher Education Finance
13 Manual (1975)" and the "Commonwealth of Pennsylvania Budget
14 Instructions for the State System of Higher Education, State-
15 Related Universities and Non-State-Related Colleges and
16 Universities."
17 Section 5. This act shall take effect July 1, 1991, or
18 immediately, whichever is later.
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