PRINTER'S NO. 824

THE GENERAL ASSEMBLY OF PENNSYLVANIA


SENATE BILL

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.










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