SB494 Alabama 2012 Session

Updated Feb 27, 2026

Low Interest

Summary

Primary Sponsor: Greg J. Reed
Republican
Session: Regular Session 2012
Title: Optometric Scholarship Awards, Board of, funds of board not to revert at end of fiscal year, Sec. 34-22-61 am'd.
Summary: Alabama SB494 changes the law so that any funds leftover in the Board of Optometric Scholarship Awards are kept by the board rather than reverting to another fund.
What This Bill Does
The bill amends Section 34-22-61 to require that appropriations to the Board of Optometric Scholarship Awards and any funds remaining at the end of the fiscal year stay with the board, not revert elsewhere. This allows carryover funding for future scholarships. It also affirms the board's authority to regulate and administer the scholarship program, and the act becomes effective immediately after the governor approves it.

Who It Affects
Board of Optometric Scholarship Awards - will retain and carry over funds from year to year instead of reverting.
Scholarship applicants/recipients in Alabama - may benefit from more stable, ongoing funding for scholarships.

Key Provisions
Carryover of funds: any appropriation to the Board and any funds remaining at the end of the fiscal year shall remain with the board and shall not revert to another fund.
Effective date: the act becomes effective immediately after its passage and approval by the Governor.

AI-generated summary using openai/gpt-5-nano on Feb 25, 2026. May contain errors — refer to the official bill text for accuracy.
Subjects: Optometric Scholarship Awards, Board of