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2 | 2 | | HOUSE DOCKET, NO. 1516 FILED ON: 1/18/2023 |
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3 | 3 | | HOUSE . . . . . . . . . . . . . . . No. 1258 |
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4 | 4 | | The Commonwealth of Massachusetts |
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5 | 5 | | _________________ |
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6 | 6 | | PRESENTED BY: |
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7 | 7 | | Patricia A. Duffy |
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8 | 8 | | _________________ |
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9 | 9 | | To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General |
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10 | 10 | | Court assembled: |
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11 | 11 | | The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill: |
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12 | 12 | | An Act expanding access to the Higher Education Endowment Matching Program. |
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13 | 13 | | _______________ |
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14 | 14 | | PETITION OF: |
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15 | 15 | | NAME:DISTRICT/ADDRESS :DATE ADDED:Patricia A. Duffy5th Hampden1/18/2023Joanne M. ComerfordHampshire, Franklin and Worcester2/21/2023 1 of 1 |
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16 | 16 | | HOUSE DOCKET, NO. 1516 FILED ON: 1/18/2023 |
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17 | 17 | | HOUSE . . . . . . . . . . . . . . . No. 1258 |
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18 | 18 | | By Representative Duffy of Holyoke, a petition (accompanied by bill, House, No. 1258) of |
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19 | 19 | | Patricia A. Duffy and Joanne M. Comerford relative to expanding access to the Higher Education |
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20 | 20 | | Endowment Matching Program. Higher Education. |
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21 | 21 | | The Commonwealth of Massachusetts |
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22 | 22 | | _______________ |
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23 | 23 | | In the One Hundred and Ninety-Third General Court |
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24 | 24 | | (2023-2024) |
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25 | 25 | | _______________ |
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26 | 26 | | An Act expanding access to the Higher Education Endowment Matching Program. |
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27 | 27 | | Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority |
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28 | 28 | | of the same, as follows: |
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29 | 29 | | 1 Section 15E of chapter 15A of the General Laws is hereby amended by inserting after the |
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30 | 30 | | 2second paragraph the following paragraph:- |
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31 | 31 | | 3 Notwithstanding the provisions of this section, subject to appropriation, the |
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32 | 32 | | 4commonwealth shall contribute funds to the recognized foundation of a non-profit institution of |
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33 | 33 | | 5higher education that provides a 2-year, accredited academic program that grants associate |
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34 | 34 | | 6degrees to low income women and that does not charge tuition or fees, in an amount necessary to |
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35 | 35 | | 7match private contributions in the current fiscal year to the institution’s or a foundation’s |
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36 | 36 | | 8endowment or capital outlay program based on the following matching formula: subject to |
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37 | 37 | | 9appropriation, the commonwealth’s contribution shall be equal to $1 for every $2 privately |
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38 | 38 | | 10contributed to the institution’s board of trustees or a foundation, or $1 dollar for such greater |
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39 | 39 | | 11number of dollars as may be established by the board of higher education. |
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