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PRINTER'S NO. 520
THE GENERAL ASSEMBLY OF PENNSYLVANIA
SENATE BILL
No.
326
Session of
2017
INTRODUCED BY HUGHES, MARCH 16, 2017
REFERRED TO APPROPRIATIONS, MARCH 16, 2017
A SUPPLEMENT
To the act of April 1, 1863 (P.L.213, No.227), entitled "An act
to accept the grant of Public Lands, by the United States, to
the several states, for the endowment of Agricultural
Colleges," making appropriations for carrying the same into
effect; providing for a basis for payments of such
appropriations, for a method of accounting for the funds
appropriated and for certain fiscal information disclosure;
and making an appropriation from a restricted account within
the Agricultural College Land Scrip Fund.
The General Assembly of the Commonwealth of Pennsylvania
hereby enacts as follows:
Section 1. In order to carry into effect the act of
Congress, approved July 2, 1862, granting public land to the
several states for educational purposes, and subsequent acts of
Congress related thereto, and the act of the General Assembly of
Pennsylvania accepting the provisions and conditions of said
acts of Congress and pledging the faith of the State to carry
the same into effect, the following sums, or as much thereof as
may be necessary, are hereby appropriated to the Trustees of The
Pennsylvania State University for the fiscal year July 1, 2017,
to June 30, 2018, for the purposes and in the amounts as shown:
For general support.
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State appropriation............................. $230,436,000
For Pennsylvania College of Technology.
State appropriation............................. $20,074,000
Section 2. Payments to The Pennsylvania State University 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 Pennsylvania State
University 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 Pennsylvania State
University 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 Pennsylvania State University shall
apply the money 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 money. Not later
than 120 days after the close of the fiscal year to which this
act relates, The Pennsylvania State University shall file, with
the Secretary of Education, the General Assembly and the Auditor
General of the Commonwealth, a statement setting forth the
amounts and purposes of all expenditures made from money
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
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shall have the right, in respect to the money 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 Pennsylvania State University to the State
Treasurer. In respect to expenditures made by the university
from money other than that 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 Pennsylvania State University shall provide
full, complete and accurate information as may be required by
the Department of Education or the chairman or minority chairman
of the Appropriations Committee of the Senate or the chairman or
minority chairman of the Appropriations Committee of the House
of Representatives.
Section 6. The Pennsylvania State University 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 Federal
Government and by the Commonwealth of Pennsylvania that apply to
The Pennsylvania State University.
Section 7. The money of the restricted account within the
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Agricultural College Land Scrip Fund is hereby appropriated for
the fiscal year July 1, 2017, to June 30, 2018, in accordance
with the provisions of the act of April 9, 1929 (P.L.343,
No.176), known as The Fiscal Code, establishing the restricted
account.
Section 8. This act shall take effect July 1, 2017, or
immediately, whichever is later.
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