This week, in recognition of Black History Month, U.S. Senator Thom Tillis (R-NC) introduced bipartisan legislation to overturn an outdated, biased policy and provide 1890s Land-Grant Universities, including North Carolina A&T State University, with the same financial flexibility currently enjoyed by their peers.
The Carryover Equity Act would fix a provision that prohibits 1890s Land-Grant Universities – all of which are Historically Black Universities – from carrying over more than 20 percent of their equity from one fiscal year to the next. This arbitrary provision limits the ability of these Universities to use their funds as they see fit and notably diverges from policies that govern other similar Department of Agriculture programs.
The legislation would benefit 19 institutions, including North Carolina A&T State University, the University of Maryland Eastern Shore, Fort Valley State University, Central State University, South Carolina State University, Delaware State University, Virginia State University, and West Virginia State University.
In addition to Senator Tillis, this bipartisan legislation was introduced by Senators Chris Van Hollen (D-MD), David Perdue (R-GA), Sherrod Brown (D-OH), Lindsay Graham (R-SC), Chris Coons (D-DE), Tim Kaine (D-VA), Ben Cardin (D-MD), and Joe Manchin (D-WV).
Text of the bill can be found here.
“Despite being faced with senseless financial limitations, North Carolina A&T State University has made invaluable contributions that have helped North Carolina build one of the most advanced extension services in the country,” said Senator Tillis. “The Carryover Equity Act will eliminate unnecessary restrictions and allow land-grant universities like North Carolina A&T to gain the financial flexibility they need to continue advancing their programs through long-term investment and project development.”
“The Carryover Equity Act will support the communities and stakeholders who rely on North Carolina A&T Cooperative Extension for critically important services in 101 extension centers across the state,” said Harold L. Martin Sr., chancellor of North Carolina A&T State University. “We look forward to expanding the land-grant outreach opportunities the passage of this bill will allow.”
“The University of Maryland Eastern Shore, and Historically Black Land-Grant Universities across the country, educate our students in fields ranging from innovative agricultural practices to advanced engineering,” said Senator Van Hollen. “Ensuring they have the financial flexibility they need to complete their mission is crucial. That’s why I’m proud to introduce this legislation, which will allow these Universities to take full advantage of the funding they receive and provide them the flexibility to use it as needed. I appreciate the strong bipartisan support behind this legislation, and I hope we can move forward to pass it immediately.”
“These land grants were established to provide additional research and extension activities,” said Senator Perdue. “Agriculture extension services are results driven and directly contribute to America’s agriculture industry be the most competitive in the world. Allowing schools like Fort Valley State in Georgia to carry over unused grant funds from year to year, will provide them with more certainty when making long-term budgeting decisions.”
“Land-grant institutions like Central State play an important role in educating students and contributing to Ohio’s agriculture and food science industries,” said Senator Brown. “These universities deserve the flexibility to use their funding in a way that promotes research and encourages continued success for their students. I’m glad to support this bipartisan legislation.”
The Carryover Equity Act would fix a provision that prohibits 1890s Land-Grant Universities – all of which are Historically Black Universities – from carrying over more than 20 percent of their equity from one fiscal year to the next. This arbitrary provision limits the ability of these Universities to use their funds as they see fit and notably diverges from policies that govern other similar Department of Agriculture programs.
The legislation would benefit 19 institutions, including North Carolina A&T State University, the University of Maryland Eastern Shore, Fort Valley State University, Central State University, South Carolina State University, Delaware State University, Virginia State University, and West Virginia State University.
In addition to Senator Tillis, this bipartisan legislation was introduced by Senators Chris Van Hollen (D-MD), David Perdue (R-GA), Sherrod Brown (D-OH), Lindsay Graham (R-SC), Chris Coons (D-DE), Tim Kaine (D-VA), Ben Cardin (D-MD), and Joe Manchin (D-WV).
Text of the bill can be found here.
“Despite being faced with senseless financial limitations, North Carolina A&T State University has made invaluable contributions that have helped North Carolina build one of the most advanced extension services in the country,” said Senator Tillis. “The Carryover Equity Act will eliminate unnecessary restrictions and allow land-grant universities like North Carolina A&T to gain the financial flexibility they need to continue advancing their programs through long-term investment and project development.”
“The Carryover Equity Act will support the communities and stakeholders who rely on North Carolina A&T Cooperative Extension for critically important services in 101 extension centers across the state,” said Harold L. Martin Sr., chancellor of North Carolina A&T State University. “We look forward to expanding the land-grant outreach opportunities the passage of this bill will allow.”
“The University of Maryland Eastern Shore, and Historically Black Land-Grant Universities across the country, educate our students in fields ranging from innovative agricultural practices to advanced engineering,” said Senator Van Hollen. “Ensuring they have the financial flexibility they need to complete their mission is crucial. That’s why I’m proud to introduce this legislation, which will allow these Universities to take full advantage of the funding they receive and provide them the flexibility to use it as needed. I appreciate the strong bipartisan support behind this legislation, and I hope we can move forward to pass it immediately.”
“These land grants were established to provide additional research and extension activities,” said Senator Perdue. “Agriculture extension services are results driven and directly contribute to America’s agriculture industry be the most competitive in the world. Allowing schools like Fort Valley State in Georgia to carry over unused grant funds from year to year, will provide them with more certainty when making long-term budgeting decisions.”
“Land-grant institutions like Central State play an important role in educating students and contributing to Ohio’s agriculture and food science industries,” said Senator Brown. “These universities deserve the flexibility to use their funding in a way that promotes research and encourages continued success for their students. I’m glad to support this bipartisan legislation.”
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