PRINTER'S NO. 834

THE GENERAL ASSEMBLY OF PENNSYLVANIA


SENATE BILL

No. 771 Session of 1993


        INTRODUCED BY FUMO, MARCH 26, 1993

        REFERRED TO APPROPRIATIONS, MARCH 26, 1993

                                     AN ACT

     1  Making an appropriation to the Pennsylvania College of
     2     Optometry, Philadelphia.

     3     The General Assembly of the Commonwealth of Pennsylvania
     4  hereby enacts as follows:
     5     Section 1.  The sum of $1,604,000 is hereby appropriated to
     6  the Pennsylvania College of Optometry, Philadelphia, for the
     7  fiscal year July 1, 1993, to June 30, 1994, for instruction.
     8     Section 2.  Payments to the Pennsylvania College of Optometry
     9  on account of the appropriation provided in section 1 shall be
    10  made quarterly by the Secretary of Education on the basis of
    11  costs during the fiscal year.
    12     Section 3.  The Pennsylvania College of Optometry shall
    13  provide full, complete and accurate information as may be
    14  required by the Department of Education or the majority chairman
    15  or the minority chairman of the Appropriations Committee of the
    16  Senate or the majority chairman or the minority chairman of the
    17  Appropriations Committee of the House of Representatives.


     1     Section 4.  The Pennsylvania College of Optometry shall
     2  report its revenues and expenditures and present its financial
     3  statements in accordance with generally accepted accounting
     4  principles and procedures for educational institutions as set
     5  forth in the "Higher Education Finance Manual (1975)" and the
     6  "Commonwealth of Pennsylvania Budget Instructions for the State
     7  System of Higher Education, State-Related Universities and Non-
     8  State-Related Colleges and Universities."
     9     Section 5.  This act shall take effect July 1, 1993, or
    10  immediately, whichever is later.














    C22L84RZ/19930S0771B0834         - 2 -