An Act to modernize the endowment match program for community colleges
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Overview
This bill seeks to update and improve Massachusetts’ existing endowment match program for community colleges. The program currently matches private donations made to community college endowments. The goal of this legislation is to modernize the program, likely to increase its effectiveness and encourage greater philanthropic support for these institutions. It aims to strengthen the match between private donations and college endowments.
Key provisions
- Modernizes the existing endowment match program.
- Likely aims to increase the matching rate for private donations.
- Focuses on supporting community colleges.
- The bill was referred to the House Committee on Ways and Means.
- A hearing is scheduled for September 11, 2025.
Who is affected
- Massachusetts Community Colleges
- Donors to Community College Endowments
- Students at Massachusetts Community Colleges
- Massachusetts Higher Education System
Notable changes
- The bill proposes changes to the current endowment match program.
- Details of the specific changes are not yet outlined in the text.
Bill text
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Text extraction is in progress. View the official source.
Sponsors
Official sponsors from legislative records.
2 on record
Primary sponsor
David M. Rogers
Cosponsor
David M. Rogers
Arguments
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