An Act providing for funding for State-related universities for the fiscal year beginning July 1, 2026, and ending June 30, 2027, for costs basis, for frequency of payments and for recordkeeping requirements; imposing a duty on the Auditor General; providing for financial statements, for the Agricultural College Land Scrip Fund and for restrictions; and making appropriations.

This bill provides funding to Pennsylvania’s State-related universities – Pennsylvania State University, the University of Pittsburgh, Temple University, and Lincoln University – for the fiscal year beginning July 1, 2026, and ending June 30, 2027. The funding is based on actual costs, and payments will be made monthly. It also requires the Auditor General to review university expenditures and ensures universities maintain accurate records. Additionally, the bill establishes a duty for universities to provide information to the legislature and outlines specific restrictions on how funds can be used, particularly at the University of Pittsburgh.