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H 1447·MA·house

An Act relative to the endowment match program

Reported by CommitteeFiled Feb 27, 2025
Sponsor: Mike Kushmerek (D)
Latest Action

Bill reported favorably by committee and referred to the committee on House Ways and Means

Jan 7, 2026

Summary

The bill mandates that at least $30 million be spent each year to support an endowment‑match program for Massachusetts public higher‑education institutions. It directs $10 million each to the University of Massachusetts, state universities, and community colleges, with unused funds shifting to the other groups. The goal is to boost private donations for endowments and capital projects across the state’s colleges and universities.

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