PRINTER'S NO. 824
No. 761 Session of 1993
INTRODUCED BY FUMO, MARCH 26, 1993
REFERRED TO APPROPRIATIONS, MARCH 26, 1993
AN ACT 1 Making appropriations to The Medical College of Pennsylvania, 2 East Falls, Philadelphia. 3 The General Assembly of the Commonwealth of Pennsylvania 4 hereby enacts as follows: 5 Section 1. The sum of $3,409,000 is hereby appropriated to 6 The Medical College of Pennsylvania located in East Falls, 7 Philadelphia, for the fiscal year July 1, 1993, to June 30, 8 1994, for instruction in the Doctor of Medicine program. 9 Section 2. The sum of $945,000 is hereby appropriated to The 10 Medical College of Pennsylvania, Philadelphia, for the fiscal 11 year July 1, 1993, to June 30, 1994, for the general maintenance 12 of The Medical College of Pennsylvania, including the School of 13 Allied Health, and student aid. 14 Section 3. Payments to The Medical College of Pennsylvania 15 on account of the appropriations provided in sections 1 and 2 16 shall be made quarterly by the Secretary of Education on the 17 basis of costs during the fiscal year.
1 Section 4. The Medical College of Pennsylvania shall provide 2 full, complete and accurate information as may be required by 3 the Department of Education or the majority chairman or the 4 minority chairman of the Appropriations Committee of the Senate 5 or the majority chairman or the minority chairman of the 6 Appropriations Committee of the House of Representatives. 7 Section 5. The Medical College of Pennsylvania shall report 8 its revenues and expenditures and present its financial 9 statements in accordance with generally accepted accounting 10 principles and procedures for educational institutions as set 11 forth in the "Higher Education Finance Manual (1975)" and the 12 "Commonwealth of Pennsylvania Budget Instructions for the State 13 System of Higher Education, State-Related Universities and Non- 14 State-Related Colleges and Universities." 15 Section 6. This act shall take effect July 1, 1993, or 16 immediately, whichever is later. C22L84RZ/19930S0761B0824 - 2 -