PRIOR PRINTER'S NO. 1779                      PRINTER'S NO. 1901

THE GENERAL ASSEMBLY OF PENNSYLVANIA


HOUSE BILL

No. 1507 Session of 1987


        INTRODUCED BY PIEVSKY, JUNE 10, 1987

        AS RE-REPORTED FROM COMMITTEE ON APPROPRIATIONS, HOUSE OF
           REPRESENTATIVES, AS AMENDED, JUNE 22, 1987

                                     AN ACT

     1  Making an appropriation to the Philadelphia Colleges of the
     2     Arts, Philadelphia, Pennsylvania.

     3     The General Assembly of the Commonwealth of Pennsylvania
     4  hereby enacts as follows:
     5     Section 1.  The sum of $667,000 is hereby appropriated to the
     6  Philadelphia Colleges of the Arts, Philadelphia, Pennsylvania,
     7  for the fiscal year July 1, 1987, to June 30, 1988, for
     8  instruction and student aid.
     9     Section 2.  Payments to the Philadelphia Colleges of the Arts
    10  on account of the appropriation provided in section 1 shall be
    11  made by the Secretary of Education in equal quarterly payments.
    12     Section 3.  The Philadelphia Colleges of the Arts shall
    13  provide such information as may be necessary to carry out the
    14  provisions of this act and in such form and manner as the
    15  Department of Education shall prescribe.
    16     Section 4.  The Philadelphia Colleges of the Arts shall
    17  report its revenues and expenditures and present its financial

     1  statement in accordance with generally accepted accounting
     2  principles and procedures for educational institutions as set
     3  forth in the "Higher Education Finance Manual (1980) (1975)" and  <--
     4  the "Commonwealth of Pennsylvania Budget Instructions for the
     5  State System of Higher Education, State Related Universities and
     6  Non State Related Colleges and Universities."
     7     Section 5.  This act shall take effect July 1, 1987, or
     8  immediately, whichever is later.















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