summary
Introduced
12/14/2017
12/14/2017
In Committee
12/14/2017
12/14/2017
Crossed Over
Passed
Dead
12/31/2018
12/31/2018
Introduced Session
190th General Court
Bill Summary
For legislation relative to the endowment match program; and of Paul McMurtry and others relative to the higher education endowment match program,- reports the accompanying bill (Senate, No. 2235).
AI Summary
This bill provides $20 million in additional funding for the endowment match program, which encourages private fundraising by Massachusetts' public institutions of higher education. The funding is allocated as follows: $10 million to the University of Massachusetts, $5 million to state universities, and $5 million to community colleges. If any of the funds allocated to state universities and community colleges go unused, the remaining funds will be made available to the University of Massachusetts. The institutions are encouraged to use the funds to increase the number of scholarship opportunities for students.
Committee Categories
Budget and Finance
Sponsors (0)
No sponsors listed
Last Action
Bill reported favorably by committee and referred to the committee on Senate Ways and Means (on 12/14/2017)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/190/S2235 |
| Bill | https://malegislature.gov/Bills/190/S2235.pdf |
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