MA S1515

Bill

MA S1515

To support educational opportunity for all

Introduced
01/23/2017

In Committee
01/23/2017

Crossed Over

Passed

Dead
12/31/2018

Introduced Session

190th General Court

Bill Summary

For legislation to support educational opportunity for all. Revenue.

AI Summary

This bill proposes to establish a 2.5% annual excise tax on the endowment funds of private institutions of higher education with endowments exceeding $1 billion. The revenue generated from this tax would be deposited into the Educational Opportunity for All Trust Fund, which would be used to subsidize the cost of higher education, early education, and child care for lower-income and middle-class residents of Massachusetts. The fund would be administered by a board of trustees consisting of representatives from the state departments of higher education and early education, as well as members with expertise in various aspects of education.

Committee Categories

Budget and Finance

Sponsors (24)

Michael Brady (D), Julian Cyr (D), Marjorie Decker (D), Sal DiDomenico (D), Kenneth Donnelly (D), Jamie Eldridge (D), Linda Forry (D), Carmine Gentile (D), Ken Gordon (D), Paul Heroux (D), Pat Jehlen (D), Louis Kafka (D), Mary Keefe (D), Kay Khan (D), Eric Lesser (D), Jack Lewis (D), Jason Lewis (D), Thomas McGee (D), Denise Provost (D), Byron Rushing (D), Danny Ryan (D), Angelo Scaccia (D), Tom Stanley (D), Timothy Whelan (R),

Last Action

Accompanied a study order, see S2497 (on 04/30/2018)

Official Document

https://malegislature.gov/Bills/190/S1515

(27 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://malegislature.gov/Bills/190/S1515
Bill	https://malegislature.gov/Bills/190/S1515.pdf

Bill	Bill Name	Last Action	Type
H1147	Relative to radiological emergency response funds	Accompanied a study order, see H4682	Similar To
H1483	To reduce the pension fund liability	Accompanied a study order, see H4244	Similar To
H155	To strengthen enforcement of Chapter 141 and 147 licenses	Accompanied a study order, see H4638	Similar To
H227	Creating a school resource officer grant program and fund	Accompanied a new draft, see H4128	Similar To
H3711	Relative to the assessment of betterments for improvements to private ways in the town of Sandwich	Signed by the Governor, Chapter 247 of the Acts of 2018	Similar To
H3724	Relative to the other post employment benefits trust fund of the town of Wellesley	Amended by substitution of a bill with the same title, H4006	Similar To
H3825	Relative to transfers from the General Fund to the Stabilization Fund	No further action taken	Similar To
H404	Reestablishing the harbors and inland waters maintenance fund	Accompanied a study order, see H4532	Similar To
H4163	To establish a public art fund in the town of Amherst	Read, rules suspended, read second and ordered to a third reading	Similar To
H4402	Requiring public pension fund divestment from ammunition and firearms	Accompanied a study order, see H4709	Similar To
H4975	Approving the town of Ashland Economic Development Funding Program authorizing the town of Ashland to establish a grant and loan fund for the purpose of creating economic development tools and activities	Accompanied a new draft, see H5014	Similar To
H5025	Authorizing the town of Athol to establish a special fund for the town of Athol	Passed to be engrossed	Similar To
H601	Relative to funding the Behavioral Health Workforce Development Trust Fund	Accompanied a new draft, see H4605	Similar To
H662	Authorizing certain cities and towns to use the Community Preservation Fund for market rate housing	Accompanied a study order, see H4740	Similar To
S101	Relative to the guaranty fund for home improvement contractors	Bill reported favorably by committee and referred to the committee on Senate Ways and Means	Similar To
S1369	Establishing the Massachusetts Law Enforcement Memorial Fund	Bill reported favorably by committee and referred to the committee on Senate Ways and Means	Similar To
S1422	To define surplus for retirement systems	Accompanied a study order, see S2491	Similar To
S2109	To diversify the use of the Workforce Training Fund to support the Workforce Competitiveness Trust Fund	New draft substituted, see S2192	Similar To
S2156	Establishing a special fund for recaptured funds from demolition liens or related grants in the town of Fairhaven	Read second and ordered to a third reading	Similar To
S2245	Authorizing the Town of Hamilton to establish a special fund for the Patton Homestead	Signed by the Governor, Chapter 84 of the Acts of 2018	Similar To
S24	Authorizing the town of Milton to establish a special purpose stabilization fund	Signed by the Governor, Chapter 43 of the Acts of 2017	Similar To
S2407	Requiring public pension fund divestment from ammunition and firearms	Accompanied a study order, see S2536	Similar To
S2497	Order relative to authorizing the joint committee on Revenue to make an investigation and study of certain current Senate documents relative to revenue matters	Reported (in part) by S1507	Replaced by
S417	Re-establishing the Clean Environment Fund	Bill reported favorably by committee and referred to the committee on Senate Ways and Means	Similar To
S454	Relative to the Sewer Rate Relief Fund	Accompanied a study order, see S2489	Similar To
S575	Relative to the Massachusetts insurers insolvency fund	Accompanied a study order, see S2496	Similar To
S701	Relative to breaking generational cycles of poverty	Bill reported favorably by committee and referred to the committee on Senate Ways and Means	Similar To

Bill

Bill Name

Last Action

Type

H1147

Relative to radiological emergency response funds

Accompanied a study order, see H4682

Similar To

H1483

To reduce the pension fund liability

Accompanied a study order, see H4244

Similar To

H155

To strengthen enforcement of Chapter 141 and 147 licenses

Accompanied a study order, see H4638

Similar To

H227

Creating a school resource officer grant program and fund

Accompanied a new draft, see H4128

Similar To

H3711

Relative to the assessment of betterments for improvements to private ways in the town of Sandwich

Signed by the Governor, Chapter 247 of the Acts of 2018

Similar To

H3724

Relative to the other post employment benefits trust fund of the town of Wellesley

Amended by substitution of a bill with the same title, H4006

Similar To

H3825

Relative to transfers from the General Fund to the Stabilization Fund

No further action taken

Similar To

H404

Reestablishing the harbors and inland waters maintenance fund

Accompanied a study order, see H4532

Similar To

H4163

To establish a public art fund in the town of Amherst

Read, rules suspended, read second and ordered to a third reading

Similar To

H4402

Requiring public pension fund divestment from ammunition and firearms

Accompanied a study order, see H4709

Similar To

H4975

Approving the town of Ashland Economic Development Funding Program authorizing the town of Ashland to establish a grant and loan fund for the purpose of creating economic development tools and activities

Accompanied a new draft, see H5014

Similar To

H5025

Authorizing the town of Athol to establish a special fund for the town of Athol

Passed to be engrossed

Similar To

H601

Relative to funding the Behavioral Health Workforce Development Trust Fund

Accompanied a new draft, see H4605

Similar To

H662

Authorizing certain cities and towns to use the Community Preservation Fund for market rate housing

Accompanied a study order, see H4740

Similar To

S101

Relative to the guaranty fund for home improvement contractors

Bill reported favorably by committee and referred to the committee on Senate Ways and Means

Similar To

S1369

Establishing the Massachusetts Law Enforcement Memorial Fund

Bill reported favorably by committee and referred to the committee on Senate Ways and Means

Similar To

S1422

To define surplus for retirement systems

Accompanied a study order, see S2491

Similar To

S2109

To diversify the use of the Workforce Training Fund to support the Workforce Competitiveness Trust Fund

New draft substituted, see S2192

Similar To

S2156

Establishing a special fund for recaptured funds from demolition liens or related grants in the town of Fairhaven

Read second and ordered to a third reading

Similar To

S2245

Authorizing the Town of Hamilton to establish a special fund for the Patton Homestead

Signed by the Governor, Chapter 84 of the Acts of 2018

Similar To

S24

Authorizing the town of Milton to establish a special purpose stabilization fund

Signed by the Governor, Chapter 43 of the Acts of 2017

Similar To

S2407

Requiring public pension fund divestment from ammunition and firearms

Accompanied a study order, see S2536

Similar To

S2497

Order relative to authorizing the joint committee on Revenue to make an investigation and study of certain current Senate documents relative to revenue matters

Reported (in part) by S1507

Replaced by

S417

Re-establishing the Clean Environment Fund

Bill reported favorably by committee and referred to the committee on Senate Ways and Means

Similar To

S454

Relative to the Sewer Rate Relief Fund

Accompanied a study order, see S2489

Similar To

S575

Relative to the Massachusetts insurers insolvency fund

Accompanied a study order, see S2496

Similar To

S701

Relative to breaking generational cycles of poverty

Bill reported favorably by committee and referred to the committee on Senate Ways and Means

Similar To

Bill > S1515

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (24)

Last Action

Official Document

bill text

bill summary

bill summary

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