PRINTER'S NO. 3707
No. 2798 Session of 1994
INTRODUCED BY EVANS, MAY 18, 1994
REFERRED TO COMMITTEE ON APPROPRIATIONS, MAY 18, 1994
AN ACT
1 Making an appropriation to the Pennsylvania College of
2 Optometry, Philadelphia.
3 The General Assembly of the Commonwealth of Pennsylvania
4 hereby enacts as follows:
5 Section 1. The sum of $1,548,000 is hereby appropriated to
6 the Pennsylvania College of Optometry, Philadelphia, for the
7 fiscal year July 1, 1994, to June 30, 1995, for instruction.
8 Section 2. Payments to the Pennsylvania College of Optometry
9 on account of the appropriation provided in section 1 shall be
10 made quarterly by the Secretary of Education on the basis of
11 costs during the fiscal year.
12 Section 3. The Pennsylvania College of Optometry shall
13 provide full, complete and accurate information as may be
14 required by the Department of Education or the chairman or the
15 minority chairman of the Appropriations Committee of the Senate
16 or the chairman or the minority chairman of the Appropriations
17 Committee of the House of Representatives.
1 Section 4. The Pennsylvania College of Optometry shall
2 report its revenues and expenditures and present its financial
3 statements in accordance with generally accepted accounting
4 principles and procedures for educational institutions as set
5 forth in the "Higher Education Finance Manual (1975)" and the
6 "Commonwealth of Pennsylvania Budget Instructions for the State
7 System of Higher Education, State-Related Universities and Non-
8 State-Related Colleges and Universities."
9 Section 5. The trustees of the Pennsylvania College of
10 Optometry shall report on forms provided by the Department of
11 Education to both the chairman and minority chairman of the
12 Appropriations Committee of the Senate and the chairman and
13 minority chairman of the Appropriations Committee of the House
14 of Representatives by September 30, 1995, on how State-
15 appropriated funds were expended for fiscal year 1994-1995 to
16 reduce the costs to Pennsylvania resident students or to provide
17 services to Pennsylvania residents.
18 Section 6. This act shall take effect July 1, 1994, or
19 immediately, whichever is later.
E16L84DGS/19940H2798B3707 - 2 -