H 1447
An Act relative to the endowment match program
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill, known as the Endowment Match Program, aims to boost private fundraising at Massachusetts public colleges and universities. It proposes a state-funded matching program where the state will contribute a certain amount for every dollar of private donations received by these institutions. The goal is to encourage alumni and other donors to contribute more to college endowments, ultimately strengthening the financial resources of the universities. This legislation seeks to improve the long-term stability and capacity of higher education in the state.
Sponsors
Official sponsors from legislative records.
Primary sponsor
Michael P. Kushmerek
Cosponsors
Jacob R. Oliveira
Michael P. Kushmerek
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