Amends the endowment match program to ensure $30 million is spent on encouraging private fundraising by public institutions of higher education.
The bill amends the endowment match program by removing the phrase "subject to appropriation" and adding a new paragraph. It mandates that at least $30 million be spent on encouraging private fundraising by the Commonwealth's public institutions of higher education. The Board of Higher Education must ensure each institution has an opportunity to secure matching funds.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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