Massachusetts proposes a bond bill to fund capital improvements at public higher education institutions.

The Massachusetts bond bill, known as the BRIGHT Act, authorizes up to $2.83 billion in bonds to fund critical capital improvements at public higher education institutions. The funds will support deferred maintenance, modernization, decarbonization, and major capital projects. Specific allocations include $1.25 billion for deferred maintenance, modernization, and decarbonization projects, $30 million for campus master plans, and $20 million for technology capital projects.

Massachusetts proposes a bond bill to fund capital improvements at public higher education institutions.

The Massachusetts bond bill, known as the BRIGHT Act, authorizes up to $2.83 billion in bonds to fund critical capital improvements at public higher education institutions. The funds will support deferred maintenance, modernization, decarbonization, and major capital projects. Specific allocations include $1.25 billion for deferred maintenance, modernization, and decarbonization projects, $30 million for campus master plans, and $20 million for technology capital projects.