PRINTER'S NO. 3485
No. 2523 Session of 1990
INTRODUCED BY PIEVSKY, MAY 21, 1990
REFERRED TO COMMITTEE ON APPROPRIATIONS, MAY 21, 1990
AN ACT
1 Making an appropriation to the Philadelphia College of
2 Osteopathic Medicine, Philadelphia.
3 The General Assembly of the Commonwealth of Pennsylvania
4 hereby enacts as follows:
5 Section 1. The sum of $5,240,000 is hereby appropriated to
6 the Philadelphia College of Osteopathic Medicine, Philadelphia,
7 for the fiscal year July 1, 1990, to June 30, 1991, for
8 instruction in the Doctor of Osteopathy program.
9 Section 2. Payments to the Philadelphia College of
10 Osteopathic Medicine on account of the appropriation provided in
11 section 1 shall be made quarterly by the Secretary of Education
12 on the basis of costs during the fiscal year.
13 Section 3. The Philadelphia College of Osteopathic Medicine
14 shall provide such information as may be necessary to carry out
15 the provisions of this act and in such form and manner as the
16 Department of Education shall prescribe.
17 Section 4. The Philadelphia College of Osteopathic Medicine
1 shall report its revenues and expenditures and present its
2 financial statements in accordance with generally accepted
3 accounting principles and procedures for educational
4 institutions as set forth in the "Higher Education Finance
5 Manual (1975)" and the "Commonwealth of Pennsylvania Budget
6 Instructions for the State System of Higher Education, State-
7 Related Universities and Non-State-Related Colleges and
8 Universities."
9 Section 5. This act shall take effect July 1, 1990, or
10 immediately, whichever is later.
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