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FL S0458
Bill
AI Summary
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Creates the Historically Black Colleges and Universities Matching Endowment Scholarship Trust Fund within the Department of Education
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Establishes the trust fund as a depository for the HBCU Matching Endowment Scholarship Program under s. 1009.895
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Funds the trust through legislative appropriations and matching funds from participating HBCUs in Florida
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Sets automatic termination of the trust fund on July 1, 2023, subject to review under s. 215.3206(1) and (2)
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Requires a three-fifths vote of both legislative chambers and is contingent on passage of related companion legislation
Legislative Description
Trust Funds/Historically Black Colleges and Universities Matching Endowment Scholarship Trust Fund
Last Action
Died in Appropriations Subcommittee on Education
5/3/2019