Bill > HB1421

This bill appropriates funds for certain State-aided universities for the fiscal year beginning July 1, 2025, and ending June 30, 2026, and outlines requirements for cost basis, payment frequency, recordkeeping, and financial reporting. * The Pennsylvania State University receives $242,096,000 for general support and $35,670,000 for the Pennsylvania College of Technology, funded by the State appropriation. * The University of Pittsburgh receives $151,507,000 for general support and $3,981,000 for rural education outreach, funded by the State appropriation. Funds for the University of Pittsburgh are restricted and cannot be used for environmental law clinic personnel and operations, and must be used for instruction, student services, and community outreach. * Temple University receives $158,206,000 for general support, funded by the State appropriation. * Lincoln University receives $21,890,000 for general support, funded by the State appropriation. * The University of Pennsylvania receives $31,560,000 for veterinary activities and $1,793,000 for the Center for Infectious Diseases, funded by the State appropriation. Funding for the University of Pennsylvania is conditioned on maintaining a minimum of four appointed non-elected officials on its Board of Trustees with full voting rights. * The Agricultural College Land Scrip Fund has its restricted account money appropriated for the current fiscal year. * Universities are required to submit estimated costs monthly and file a detailed statement of expenditures and costs within 120 days after the fiscal year ends. The Auditor General will review these statements and may audit and disallow expenditures not permitted by the act. * Universities must provide requested information to the Department of Education and legislative committees. The University of Pennsylvania's Board of Trustees must also report on how State-appropriated money was used to reduce costs for resident students or provide services to residents by September 30, 2026. * Financial statements must be presented in accordance with generally accepted accounting principles and Commonwealth budget instructions.

Budget and Finance

https://www.legis.state.pa.us/cfdocs/billinfo/bill_history.cfm?syear=2025&sind=0&body=H&type=B&bn=1421