Amendment #427 to H4400

Public Higher Education Endowment Incentive Program

Ms. Ehrlich of Marblehead moves to amend the bill in section 2 by inserting after item 7066-0036, the following item: “7066-0115 For the purposes of continuing the implementation of section 15E of chapter 15A of the General Laws to encourage private fundraising by the commonwealth’s public institutions of higher education for the endowment and capital outlay programs of those institutions; provided, that the board of higher education shall implement this program in a manner which ensures that each institution shall have an opportunity to secure matching funds from this item ; provided further, that, to the extent possible, the state universities, community colleges, and the university of Massachusetts shall utilize the funds to increase the number of scholarship opportunities for students ……………………………………………………$20,000,000”.

Additional co-sponsor(s) added to Amendment #427 to H4400

Public Higher Education Endowment Incentive Program