House Ways and Means Education Hearing
Room 200 at 09:00:00
Under Act 2023-560 of the 2023 Regular Session, the Distressed Institutions of Higher Education Revolving Loan Program was established under the State Treasurer to provide loans to certain eligible institutions experiencing financial hardship that could lead to closure of the institution.
This bill would define the purpose of the program, change the administrator of the program to the Alabama Commission on Higher Education, more specifically define eligible institutions to which loans shall be made, and establish certain terms and conditions of loans to eligible institutions.
Read for the Second Time and placed on the Calendar
Reported Out of Committee Second House from House Ways and Means Education RLX3NYM-1
Ways and Means Education 3rd Amendment MB8SWH1-1
Ways and Means Education 2nd Amendment LL97WAW-1
Ways and Means Education 1st Amendment 2H6CISS-1
Ways and Means Education 1st Substitute KLGGUAU-1
Pending House Ways and Means Education
Read for the first time and referred to the House Committee on Ways and Means Education
Engrossed
Motion to Read a Third Time and Pass as Amended - Adopted Roll Call 158
Waggoner motion to Adopt - Adopted Roll Call 157 YS9ZN26-1
Waggoner Substitute Offered YS9ZN26-1
Waggoner motion to Table - Adopted Voice Vote BK32Q4Q-1
F&TE Amendment Offered BK32Q4Q-1
Third Reading in House of Origin
Committee Amendment Adopted BK32Q4Q-1
Waggoner amendment adopted
Read for the Second Time and placed on the Calendar
Reported Out of Committee House of Origin
Pending Senate Finance and Taxation Education
Read for the first time and referred to the Senate Committee on Finance and Taxation Education
Room 200 at 09:00:00
Room 617 at 11:30:00
Finance and Taxation at 10:00:00
Source: Alabama Legislature