SENATE AMENDED
PRIOR PRINTER'S NOS. 1706, 2223 PRINTER'S NO. 3150
No. 1378 Session of 2003
INTRODUCED BY ARGALL, MAY 6, 2003
AS AMENDED ON THIRD CONSIDERATION, IN SENATE, DECEMBER 19, 2003
AN ACT
1 Making an appropriation to the Trustees of Drexel University,
2 Philadelphia.
3 The General Assembly of the Commonwealth of Pennsylvania
4 hereby enacts as follows:
5 Section 1. The sum of $6,470,000 is hereby appropriated to
6 the Trustees of Drexel University, Philadelphia, for the fiscal
7 year July 1, 2003, to June 30, 2004, for instruction and student
8 aid.
9 Section 2. Payments to Drexel University on account of the
10 appropriation provided in section 1 shall be made quarterly by
11 the Secretary of Education on the basis of costs during the
12 fiscal year and shall be conditioned on continuing authority for
13 inclusion on the Board of Trustees of Drexel University of a
14 minimum of five persons who are not elected officials and who
15 are appointed by the Governor, the President pro tempore of the
16 Senate, the Minority Leader of the Senate, the Speaker of the
17 House of Representatives and the Minority Leader of the House of
1 Representatives for terms of office coterminous with that of the
2 respective appointing authority.
3 Section 3. The Drexel University shall provide full,
4 complete and accurate information as may be required by the
5 Department of Education or the chairman or the minority chairman
6 of the Appropriations Committee of the Senate or the chairman or
7 the minority chairman of the Appropriations Committee of the
8 House of Representatives.
9 Section 4. Drexel University shall report its revenues and
10 expenditures and present its financial statements in accordance
11 with generally accepted accounting principles and procedures for
12 educational institutions as set forth in the "Higher Education
13 Finance Manual (1975)" and the "Commonwealth of Pennsylvania
14 Budget Instructions for the State System of Higher Education,
15 State-Related Universities and Non-State-Related Colleges and
16 Universities."
17 Section 5. The Trustees of Drexel University shall report on
18 forms provided by the Department of Education to the chairman
19 and the minority chairman of the Appropriations Committee of the
20 Senate and the chairman and minority chairman of the
21 Appropriations Committee of the House of Representatives by
22 September 30, 2004, on how State-appropriated funds were
23 expended for fiscal year 2003-2004 to reduce the costs to
24 Pennsylvania resident students or to provide services to
25 Pennsylvania residents.
26 Section 6. Any moneys appropriated by this act that are <--
27 applied on an individual basis to students, including, but not
28 limited to student financial assistance, shall be applied in
29 such a manner that 75% of the appropriated funds are used for
30 students who are residents of this Commonwealth.
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1 Section 7 6. This act shall take effect July 1, 2003, or <--
2 immediately, whichever is later.
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