PRINTER'S NO. 1935
No. 1456 Session of 1982
INTRODUCED BY TILGHMAN, MAY 14, 1982
REFERRED TO APPROPRIATIONS, MAY 14, 1982
AN ACT 1 Making an appropriation to the Philadelphia College of Art, 2 Philadelphia, Pennsylvania. 3 The General Assembly of the Commonwealth of Pennsylvania 4 hereby enacts as follows: 5 Section 1. The sum of $461,000 is hereby specifically 6 appropriated to the Philadelphia College of Art, Philadelphia, 7 Pennsylvania, for its fiscal period July 1, 1982 to June 30, 8 1983, for instruction and student aid. 9 Section 2. Payments to the Philadelphia College of Art on 10 account of the appropriation provided in section 1 shall be made 11 by the Secretary of Education in equal quarterly payments. 12 Section 3. The college shall provide such information and in 13 such form and manner as the Department of Education may 14 prescribe. 15 Section 4. The Philadelphia College of Art shall report its 16 revenues and expenditures and present its financial statement in 17 accordance with generally accepted accounting principles and 18 procedures for educational institutions as set forth in the
1 "Higher Education Finance Manual of 1975," without exception. 2 Section 5. This act shall take effect July 1, 1982. C10L84RZ/19820S1456B1935 - 2 -