THE GENERAL ASSEMBLY OF PENNSYLVANIA

SENATE BILL

INTRODUCED BY CORMAN, JUNE 8, 2011

AS AMENDED ON SECOND CONSIDERATION, JUNE 26, 2011   

A SUPPLEMENT

To the act of July 28, 1966 (3rd Sp.Sess., P.L.87, No.3),

entitled "An act providing for the establishment and

operation of the University of Pittsburgh as an

instrumentality of the Commonwealth to serve as a State-

related university in the higher education system of the

Commonwealth; providing for change of name; providing for the

composition of the board of trustees; terms of trustees, and

the power and duties of such trustees; authorizing

appropriations in amounts to be fixed annually by the General

Assembly; providing for the auditing of accounts of

expenditures from said appropriations; providing for public

support and capital improvements; authorizing the issuance of

bonds exempt from taxation within the Commonwealth; requiring

the chancellor to make an annual report of the operations of

the University of Pittsburgh," making appropriations for

carrying the same into effect; and providing for a basis for

payments of such appropriations, for a method of accounting

for the funds appropriated and for certain fiscal information

disclosure.

The General Assembly of the Commonwealth of Pennsylvania

hereby enacts as follows:

Section 1.  The following sums, or as much thereof as may be

necessary, are hereby appropriated to the Trustees of the

University of Pittsburgh for the fiscal year July 1, 2011, to

June 30, 2012, for the purposes and in the amounts as shown:

Section 2.  Payments to the University of Pittsburgh on

account of the appropriations for all items as provided in

section 1 shall be made on the basis of costs during the fiscal

year.

Section 3.  (a)  Payments to the University of Pittsburgh of

the appropriations provided in section 1 shall be made monthly

during the fiscal year.

(b)  Such monthly payments shall be made in accordance with

the provisions of section 2 on the basis of estimated costs. The

estimate of costs shall be submitted by the University of

Pittsburgh to the Secretary of Education, the General Assembly

and the State Treasurer not later than 30 days prior to the date

on which such payment is to be made.

Section 4. (a)  The University of Pittsburgh shall apply the

moneys appropriated by this act only for such purposes as are

permitted in this act and shall at all times maintain proper

records showing the application of such moneys. Not later than

120 days after the close of the fiscal year to which this act

relates, the University of Pittsburgh shall file, with the

Secretary of Education, the General Assembly, the Auditor

General of the Commonwealth and the chief administrator of each

branch campus, a statement setting forth the amounts and

purposes of all expenditures made from moneys appropriated by

this act and other university accounts during said fiscal year,

as provided in section 2, used as a basis for receipt of any

appropriation during said fiscal year.

(b)  Such statement of expenditures and costs shall be

reviewed by the Auditor General of the Commonwealth, and he

shall have the right, in respect to the moneys appropriated by

this act, to audit and disallow expenditures made for purposes

not permitted by this act and to cause such sums to be recovered

and paid by the University of Pittsburgh to the State Treasurer.

In respect to expenditures made by the university from moneys

other than those appropriated by this act, the Auditor General

shall have the right to review only, and he shall file annually

with the General Assembly such information concerning such

expenditures as the General Assembly or any of its committees

may require.

Section 5.  The University of Pittsburgh shall provide full,

complete and accurate information as may be required by the

Department of Education or the chairman or the minority chairman

of the Appropriations Committee of the Senate or the chairman or

the minority chairman of the Appropriations Committee of the

House of Representatives.

Section 6.  The University of Pittsburgh shall present and

report its financial statements required under the provisions of

this act in accordance with: the generally accepted accounting

principles as prescribed by the National Association of College

and University Business Officers, the American Institute of

Certified Public Accountants, or their successors, or by any

other recognized authoritative body; the "Commonwealth of

Pennsylvania Budget Instructions for the State System of Higher

Education, State-Related Universities and Non-State-Related

Colleges and Universities"; and the financial reporting policies

and standards promulgated by the Commonwealth of Pennsylvania

and by the Federal Government that apply to the University of

Pittsburgh.

Section 7.  No funds appropriated by this act may be used for

costs of personnel and operations of the environmental law

clinic.

Section 8.  This act shall take effect July 1, 2011, or

immediately, whichever is later.