HOUSE DOCKET, NO. 3008        FILED ON: 1/16/2025

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The Commonwealth of Massachusetts

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PRESENTED BY:

David M. Rogers

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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 to modernize the endowment match program for community colleges.

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PETITION OF:

HOUSE DOCKET, NO. 3008        FILED ON: 1/16/2025

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The Commonwealth of Massachusetts

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In the One Hundred and Ninety-Fourth General Court
(2025-2026)

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An Act to modernize the endowment match program for community colleges.

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

SECTION 1

Section 15E of Chapter 15A of the general laws as so appearing is hereby amended by inserting the following sentence at the end of the second paragraph: “Provided, a community college shall be eligible to receive said match for any donations received by its foundation, regardless of whether said funds are endowed or contributed to a capital outlay program.”

SECTION 2

Said section 15A is further amended by striking out the word “Private” in the third paragraph, and inserting in place thereof the following words: “Except for the community colleges, private”

SECTION 3

This act shall take effect immediately upon passage.