HB171 Alabama 2023 Session

Summary

Primary Sponsor

Barbara Bigsby BoydRepresentative

Democrat

Session

Regular Session 2023

Title

To make an appropriation of $1,069,234 from the Education Trust Fund to Talladega College in Talladega, Alabama for the support and maintenance of the educational program of the institution, for the fiscal year ending September 30, 2024; to provide that the appropriation is subject to certain provisions of the Code of Alabama 1975; to require an operations plan and an audited financial statement prior to the release of any funds; and to require an end of year report.

Summary

This bill would appropriate $1,069,234 from Alabama’s Education Trust Fund to Talladega College for FY2024, but only after the college submits an operations plan, an audited financial statement, and annual end-of-year reporting, with ongoing quarterly oversight.

What This Bill Does

It provides funding to Talladega College for the 2024 fiscal year and ties the release of money to specific reporting requirements. The college must submit an operations plan with measurable goals and an audited financial statement for FY2022 before any funds are released, then provide quarterly reports comparing actual spending and progress, and a final end-of-year performance report for FY2024. The Director of Finance will oversee and receive these reports, and copies must go to the Legislative Council; the funding is subject to state budgeting laws. The measure becomes effective October 1, 2023.

Who It Affects

• Talladega College: designated recipient of the $1,069,234 appropriation and required to provide an operations plan, audited financial statement, quarterly expenditure/performance reports, and an end-of-year performance report.
• State financial oversight entities (Director of Finance and Legislative Council): responsible for approving the operations plan, receiving and reviewing the required reports, and releasing funds in accordance with the reporting requirements and budget laws.

Key Provisions

• Section 1: Appropriation of $1,069,234 from the Education Trust Fund to Talladega College for the fiscal year ending September 30, 2024.
• Section 2: The appropriation is subject to the Budget and Financial Control Act and related state budgeting provisions.
• Section 3(a): Prior to releasing funds, Talladega College must submit an FY2024 operations plan with goals and performance indicators approved by the Director of Finance, and an audited financial statement for FY2022.
• Section 3(b): Funds for FY2024 will be released after the above reports are received.
• Section 3(c): The college must provide quarterly reports comparing actual expenditures and accomplishments to planned ones.
• Section 3(d): An end-of-year performance report for FY2024 must be submitted, detailing work, services, costs, and measurable program effectiveness.
• Section 4: The Director of Finance must forward all required reports to the Legislative Council in a timely manner.
• Section 5: The act becomes effective October 1, 2023.

AI-generated summary using openai/gpt-5-nano on Feb 22, 2026. May contain errors — refer to the official bill text for accuracy.

Subjects

FY24 Talladega College Appropriation