MA S842

Bill

Relative to the endowment match program

Introduced
03/29/2021

In Committee
03/29/2021

Crossed Over

Passed

Dead
12/31/2022

Introduced Session

192nd General Court

Bill Summary

For legislation relative to the endowment match program. Higher Education.

AI Summary

This bill aims to amend the existing law (Section 15E of Chapter 15A of the General Laws) to provide funding for the endowment match program, which encourages private fundraising by Massachusetts public institutions of higher education. The bill allocates $20 million for this purpose, with $10 million for the University of Massachusetts, $5 million for state universities, and $5 million for community colleges. If any funds allocated to community colleges or state universities are unused, the remaining funds will be made available to the other respective institutions. This program is designed to support the endowment and capital outlay programs of these public higher education institutions in the Commonwealth.

Committee Categories

Education

Sponsors (2)

Eric Lesser (D)*, Diana Dizoglio (D),

Last Action

Accompanied a new draft, see S2812 (on 04/07/2022)

Official Document

https://malegislature.gov/Bills/192/S842

(8 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://malegislature.gov/Bills/192/S842
Bill	https://malegislature.gov/Bills/192/S842.pdf

Bill	Bill Name	Last Action	Type
H1333	Making public higher education in Massachusetts free for residents of the state	Accompanied a new draft, see H4694	Similar To
H1357	Relative to the endowment match program	Accompanied a new draft, see H4694	Similar To
H2786	Providing for a fair and equitable group 4 retirement benefit for police officers working on Massachusetts public higher education campuses	No further action taken	Similar To
H3693	Relative to the education of the veterans of Massachusetts	No further action taken	Similar To
S2499	Requiring immunizations for in-person classes at certain Massachusetts public institutions of higher learning	Accompanied a study order, see S2714	Similar To
S2812	To establish a Higher Education Review Commission	Bill reported favorably by committee and referred to the committee on Senate Ways and Means	Replaced by
S824	Committing to higher education the resources to insure a strong and healthy public higher education system	Accompanied a new draft, see S2812	Similar To
S841	Investing in public higher education	Accompanied a new draft, see S2744	Similar To

Bill > S842

MA S842

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (2)

Last Action

Official Document

bill text

bill summary

bill summary

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