SENATE AMENDED PRIOR PRINTER'S NO. 3676 PRINTER'S NO. 4301
No. 2534 Session of 2004
INTRODUCED BY ARGALL, APRIL 12, 2004
SENATOR THOMPSON, APPROPRIATIONS, IN SENATE, RE-REPORTED AS AMENDED, JULY 3, 2004
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 $6,583,000 $6,632,000 is hereby <--
6 appropriated to the Trustees of Drexel University, Philadelphia,
7 for the fiscal year July 1, 2004, to June 30, 2005, for
8 instruction and student 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
1 House of Representatives and the Minority Leader of the House of 2 Representatives for terms of office coterminous with that of the 3 respective appointing authority. 4 Section 3. The Drexel University shall provide full, 5 complete and accurate information as may be required by the 6 Department of Education or the chairman or the minority chairman 7 of the Appropriations Committee of the Senate or the chairman or 8 the minority chairman of the Appropriations Committee of the 9 House of Representatives. 10 Section 4. Drexel University shall report its revenues and 11 expenditures and present its financial statements in accordance 12 with generally accepted accounting principles and procedures for 13 educational institutions as set forth in the "Higher Education 14 Finance Manual (1975)" and the "Commonwealth of Pennsylvania 15 Budget Instructions for the State System of Higher Education, 16 State-Related Universities and Non-State-Related Colleges and 17 Universities." 18 Section 5. The Trustees of Drexel University shall report on 19 forms provided by the Department of Education to the chairman 20 and the minority chairman of the Appropriations Committee of the 21 Senate and the chairman and minority chairman of the 22 Appropriations Committee of the House of Representatives by 23 September 30, 2005, on how State-appropriated funds were 24 expended for fiscal year 2004-2005 to reduce the costs to 25 Pennsylvania resident students or to provide services to 26 Pennsylvania residents. 27 Section 6. This act shall take effect July 1, 2004, or 28 immediately, whichever is later. B4L84RZ/20040H2534B4301 - 2 -