HB295 Alabama 2012 Session

Summary

Primary Sponsor

Jay Love

Republican

Session

Regular Session 2012

Title

Talladega College, appropriation

Summary

This bill would provide $582,997 from the Education Trust Fund to Talladega College for the 2013 fiscal year to support its educational program, with budget oversight and reporting requirements.

What This Bill Does

It authorizes an appropriation of $582,997 to Talladega College for the 2013 fiscal year (ending Sept. 30, 2013). Funds would be released only after the college submits an operations plan and an audited financial statement, and the bill requires quarterly and end-of-year performance reports, with oversight by the Director of Finance and notification to the Joint Fiscal Committee.

Who It Affects

• Talladega College: would receive $582,997 for its educational program and must submit an operations plan, an audited financial statement, quarterly reports, and an end-of-year performance report to receive and justify funding.
• Alabama state financial oversight (Director of Finance and Joint Fiscal Committee): would review and approve plans and statements, release funds, and receive all required reports.

Key Provisions

• Provision 1: Appropriation of $582,997 from the Education Trust Fund to Talladega College for the 2013 fiscal year to support the college's educational program, subject to applicable state budget provisions.
• Provision 2: Requires an operations plan for FY 2012-2013 with goals and performance indicators approved by the Director of Finance, an audited financial statement for FY 2010-2011 before fund release, quarterly reports on expenditures and accomplishments, an end-of-year performance report, and transmission of reports to the Joint Fiscal Committee; funds release contingent on receipt of these reports; effective October 1, 2012.

AI-generated summary using openai/gpt-5-nano on Feb 24, 2026. May contain errors — refer to the official bill text for accuracy.

Subjects

Appropriations