An Act to modernize the endowment match program for community colleges

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

An Act to modernize the endowment match program for community colleges

An Act to modernize the endowment match program for community colleges By Representative Rogers of Cambridge, a petition (accompanied by bill, House, No.

What This Bill Does

• An Act to modernize the endowment match program for community colleges By Representative Rogers of Cambridge, a petition (accompanied by bill, House, No.
• 1454) of David M.
• Rogers relative to the endowment match program for community colleges.
• Higher Education.

Limits and Unknowns

• This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Official Summary Text

An Act to modernize the endowment match program for community colleges
By Representative Rogers of Cambridge, a petition (accompanied by bill, House, No. 1454) of David M. Rogers relative to the endowment match program for community colleges. Higher Education.
Status:
Referred to House Committee on Ways and Means

Current Bill Text

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Bill H.1454

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.

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