Higher Education - University System of Maryland - Quasi-Endowment Funds
Sponsor: Nancy J. King (District 39)Committee: Budget and TaxationSubject: Higher EducationStatus: Approved by the Governor - Chapter 742 (as of Dec 5, 2017)
What this bill does
Official synopsis
Authorizing the Board of Regents of the University System of Maryland to make a one-time transfer of no more than $50,000,000 from the State-supported fund balance to a quasi-endowment fund; and limiting the use of specified proceeds for facility renewal projects relating only to capital facilities used for State-supported activities.
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Testimony (0)
MGA witness listNo witness list on file. It is scraped after hearings are scheduled; check the MGA link above.