Requires educational institutions with an endowment of 10 billion dollars or more to incorporate thirty percent affordable housing units in any property owned by such institution that provides any form of housing.
Authorizes a host city or town to impose a two percent (2%) tax on the endowment of a private institution of higher education that is in excess of one billion dollars ($1,000,000,000), to be used only for the host public school district.
Prohibits vaping in educational institutions; requires educational institutions to educate communities about health risks associated with vaping and post no-vaping signage on educational institution premises.