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HOUSE DOCKET, NO. 1250 FILED ON: 1/14/2025
HOUSE . . . . . . . . . . . . . . . No. 1447
The Commonwealth of Massachusetts
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PRESENTED BY:
Michael P. Kushmerek
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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 relative to the endowment match program.
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PETITION OF:
NAME:DISTRICT/ADDRESS :DATE ADDED:Michael P. Kushmerek3rd Worcester1/14/2025Jacob R. OliveiraHampden, Hampshire and Worcester2/10/2025 1 of 2
HOUSE DOCKET, NO. 1250 FILED ON: 1/14/2025
HOUSE . . . . . . . . . . . . . . . No. 1447
By Representative Kushmerek of Fitchburg, a petition (accompanied by bill, House, No. 1447)
of Michael P. Kushmerek and Jacob R. Oliveira for legislation to encourage private fundraising
by public institutions of higher education. Higher Education.
[SIMILAR MATTER FILED IN PREVIOUS SESSION
SEE HOUSE, NO. 1276 OF 2023-2024.]
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 relative to the endowment match program.
Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority
of the same, as follows:
1 Section 15E of chapter 15A of the General Laws, as appearing in the 2022 official
2edition, is hereby amended by removing the words “subject to appropriation” in lines 8 and 12
3and by inserting at the end thereof the following paragraph:-
4 "Not less than $30,000,000 shall be expended for the purposes of continuing the
5implementation of section 15E of chapter 15A of the General Laws to encourage private
6fundraising by the Commonwealth’s public institutions of higher education for the endowment
7and capital outlay programs of those institutions; provided further, that the board of higher
8education shall implement this program in a manner which ensures that each institution shall
9have an opportunity to secure matching funds from this item; provided further, that $10,000,000
10shall be allocated to the University of Massachusetts; provided further, that $10,000,000 shall be 2 of 2
11allocated to state universities; provided further, that $10,000,000 shall be allocated to community
12colleges; provided further, that if any funds allocated herein for disbursement to community
13colleges shall be unused, the remaining funds shall be made available to the state universities;
14provided further, that if any funds allocated herein for disbursement to state universities shall be
15unused, the remaining funds shall be made available to the University of Massachusetts;"