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As the legislature neared the end of its formal sessions for the year, both the House and Senate approved bills that include funding for the Governor’s DRIVE initiative.
On July 8, the House approved an economic development bill (HB5562) that included $200M in DRIVE funding. Of the $200M, $175M would be available to public higher education while the remaining $25M would be available to private non-profit entities.
On July 24, the Senate approved its own economic development bill (SB3228) that included $100M in DRIVE funding for public higher education. Because of the differences between the two bills, a conference committee was appointed to reconcile the differences between the two bills. Conferees are:
Sen. Michael Rodrigues
Sen. Barry Finegold
Sen. Peter Durant
Rep. Aaron Michlewitz
Rep. Carole Fiola
Rep. Michael Soter
While conferees have until the end of the year to act on the economic development bill, UMass Chan and UMass system leadership continue to advocate for its swift passage through meetings with legislators and communication with conferees.
For updates on the DRIVE initiative please visit the OCGR SharePoint site.
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