HOUSE DOCKET, NO. 1516        FILED ON: 1/18/2023

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 1258

 

The Commonwealth of Massachusetts

_________________

PRESENTED BY:

Patricia A. Duffy

_________________

To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General
Court assembled:

The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill:

An Act expanding access to the Higher Education Endowment Matching Program.

_______________

PETITION OF:

 

Name:

District/Address:

Date Added:

Patricia A. Duffy

5th Hampden

1/18/2023

Joanne M. Comerford

Hampshire, Franklin and Worcester

2/21/2023


HOUSE DOCKET, NO. 1516        FILED ON: 1/18/2023

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 1258

By Representative Duffy of Holyoke, a petition (accompanied by bill, House, No. 1258) of Patricia A. Duffy and Joanne M. Comerford relative to expanding access to the Higher Education Endowment Matching Program.  Higher Education.

 

The Commonwealth of Massachusetts

 

_______________

In the One Hundred and Ninety-Third General Court
(2023-2024)

_______________

 

An Act expanding access to the Higher Education Endowment Matching Program.

 

Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
 

Section 15E of chapter 15A of the General Laws is hereby amended by inserting after the second paragraph the following paragraph:-

Notwithstanding the provisions of this section, subject to appropriation, the commonwealth shall contribute funds to the recognized foundation of a non-profit institution of higher education that provides a 2-year, accredited academic program that grants associate degrees to low income women and that does not charge tuition or fees, in an amount necessary to match private contributions in the current fiscal year to the institution’s or a foundation’s endowment or capital outlay program based on the following matching formula: subject to appropriation, the commonwealth’s contribution shall be equal to $1 for every $2 privately contributed to the institution’s board of trustees or a foundation, or $1 dollar for such greater number of dollars as may be established by the board of higher education.