An Act providing for funding for certain State-aided universities for the fiscal year beginning July 1, 2025, and ending June 30, 2026, 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.

SB 170 provides funding for five Pennsylvania state-aided universities (Penn State, University of Pittsburgh, Temple, Lincoln, and the University of Pennsylvania) for the 2025-2026 fiscal year. It requires monthly payments based on estimated costs, mandates detailed expenditure reports to the state, and gives the Auditor General authority to review spending and disallow improper uses. Specific restrictions include banning University of Pittsburgh funds for environmental law clinic costs and requiring University of Pennsylvania to maintain certain board appointment conditions. The bill also sets financial reporting standards and allocates specific sums, such as $242 million for Penn State's general support.