This bill appropriates a total of $33,353,000 to the Trustees of the University of Pennsylvania for the fiscal year from July 1, 2026, to June 30, 2027. Specifically, $31,560,000 is allocated for veterinary activities, while $1,793,000 is designated for the Center for Infectious Diseases. The payments for these appropriations will be made quarterly by the Secretary of Agriculture, contingent upon the inclusion of at least four non-elected officials on the Board of Trustees, who are appointed by key legislative leaders and granted full voting rights.

Additionally, the University of Pennsylvania is required to provide comprehensive financial information to the Department of Agriculture and the Appropriations Committees of both the Senate and House. The university must adhere to generally accepted accounting principles and report its financial activities by September 30, 2027, detailing how state funds were utilized to benefit Pennsylvania residents, particularly in reducing costs for resident students or providing services. The act is set to take effect on July 1, 2026, or immediately thereafter.