FSM Revision Log
| Policy | Revised On |
|---|---|
| 8.33 University Development Fund Policy and Procedure Policy 8.33 has been updated as follows: • The University Development Fund Gift Charge will be applied to all gifts in excess of $1,000 received on or after April 1, 2018. • New gifts from donors who have cumulatively given $15 million or more will not be subject to the gift charge. |
|
| 8.32 Dishonored (Returned) Checks No change to policy. Updated format and title for clarification. |
|
| 9.14 Relocation Policy for Employees The policy revision includes the following: •Updated format to include policy statements vs. procedure •Distinction between moving household vs. laboratory/office equipment •Clarity on reimbursable expenses and University taxation requirements •Clarity on non-reimbursable expenses •In-state relocation of existing employees •FAQs added for additional clarification |
|
| 9.14 Relocation Policy for Employees Notice added that the policy will be revised to adapt to the “Tax Cuts and Jobs Act” (Public Law PL 115-97), which require employee relocation expenses to be taxable to recipients effective 01/01/2018. |
|
| 8.13 Endowments No change to policy. Reformatted to include definitions, procedure, frequently asked questions, and related information. |