Bill Text: PA HB2295 | 2009-2010 | Regular Session | Introduced

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Bill Title: A Supplement to the act of July 7, 1972 (P.L.743, No.176), known as the Lincoln University-Commonwealth Act, making an appropriation for carrying the same into effect; providing for a basis for payments of the appropriation; and providing a method of accounting for the funds appropriated and for certain fiscal information disclosure.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Passed) 2010-07-06 - Act No. 13A [HB2295 Detail]

Download: Pennsylvania-2009-HB2295-Introduced.html

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PRINTER'S NO. 3271
THE GENERAL ASSEMBLY OF PENNSYLVANIA
HOUSE BILL
No. 2295 Session of2010
INTRODUCED BY D. EVANS, MARCH 5, 2010
REFERRED TO COMMITTEE ON APPROPRIATIONS, MARCH 5, 2010
A SUPPLEMENT
To the act of July 7, 1972 (P.L.743, No.176), entitled "An act
providing for the establishment and operation of Lincoln
University as an instrumentality of the Commonwealth to serve
as a State-related institution 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;
providing for preference to Pennsylvania residents in
tuition; 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 President to make an annual
report of the operations of Lincoln University," making an
appropriation for carrying the same into effect; providing
for a basis for payments of the appropriation; and providing
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. (a) The sum of $13,623,000, or as much thereof
as may be necessary, is hereby appropriated to the Trustees of
Lincoln University, Chester County, for the fiscal year July 1,
2010, to June 30, 2011, for general support.
(b) The following Federal amount is hereby appropriated to
the Trustees of Lincoln University, Chester County, in order to
supplement the sum appropriated under subsection (a):
"ARRA - Fiscal Stabilization - General Support."
(1) Federal appropriation.........................$159,000
(c) For purposes of this section, "ARRA" means the American
Recovery and Reinvestment Act of 2009 (Public Law 111-5, 123
Stat. 115).
Section 2. Payments to Lincoln University on account of the
appropriation provided in section 1 shall be made on the basis
of costs during the fiscal year.
Section 3. (a) Payments to Lincoln University of the
appropriation provided in section 1(a) and (b) 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 Lincoln 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) Lincoln University 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,
Lincoln 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 moneys appropriated by this act
and costs, 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
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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 Lincoln University 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 said
expenditures as the General Assembly or any of its committees
may require.
Section 5. The Lincoln University 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. Lincoln 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 Commonwealth of Pennsylvania
and by the Federal Government that apply to Lincoln University.
Section 7. This act shall take effect July 1, 2010, or
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immediately, whichever is later.
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