Massachusetts 2023-2024 Regular Session

Massachusetts House Bill H1258 Compare Versions

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22 HOUSE DOCKET, NO. 1516 FILED ON: 1/18/2023
33 HOUSE . . . . . . . . . . . . . . . No. 1258
44 The Commonwealth of Massachusetts
55 _________________
66 PRESENTED BY:
77 Patricia A. Duffy
88 _________________
99 To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General
1010 Court assembled:
1111 The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill:
1212 An Act expanding access to the Higher Education Endowment Matching Program.
1313 _______________
1414 PETITION OF:
1515 NAME:DISTRICT/ADDRESS :DATE ADDED:Patricia A. Duffy5th Hampden1/18/2023Joanne M. ComerfordHampshire, Franklin and Worcester2/21/2023 1 of 1
1616 HOUSE DOCKET, NO. 1516 FILED ON: 1/18/2023
1717 HOUSE . . . . . . . . . . . . . . . No. 1258
1818 By Representative Duffy of Holyoke, a petition (accompanied by bill, House, No. 1258) of
1919 Patricia A. Duffy and Joanne M. Comerford relative to expanding access to the Higher Education
2020 Endowment Matching Program. Higher Education.
2121 The Commonwealth of Massachusetts
2222 _______________
2323 In the One Hundred and Ninety-Third General Court
2424 (2023-2024)
2525 _______________
2626 An Act expanding access to the Higher Education Endowment Matching Program.
2727 Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority
2828 of the same, as follows:
2929 1 Section 15E of chapter 15A of the General Laws is hereby amended by inserting after the
3030 2second paragraph the following paragraph:-
3131 3 Notwithstanding the provisions of this section, subject to appropriation, the
3232 4commonwealth shall contribute funds to the recognized foundation of a non-profit institution of
3333 5higher education that provides a 2-year, accredited academic program that grants associate
3434 6degrees to low income women and that does not charge tuition or fees, in an amount necessary to
3535 7match private contributions in the current fiscal year to the institution’s or a foundation’s
3636 8endowment or capital outlay program based on the following matching formula: subject to
3737 9appropriation, the commonwealth’s contribution shall be equal to $1 for every $2 privately
3838 10contributed to the institution’s board of trustees or a foundation, or $1 dollar for such greater
3939 11number of dollars as may be established by the board of higher education.