SB111 Alabama 2025 Session

Summary

Primary Sponsor

Arthur OrrSenator

Republican

Session

2025 Regular Session

Title

Educational Opportunities Reserve Fund, transfers for fiscal year 2025

Summary

SB111 redirects up to 455 million from Alabama's Education Opportunities Reserve Fund in FY 2025 to fund the RAISE program and Education Savings Accounts through the CHOOSE Act, with conditions and money reverting if unused.

What This Bill Does

It authorizes a 375,000,000 transfer from the Educational Opportunities Reserve Fund to the RAISE Fund to provide initial funding for implementing the RAISE Act (contingent on enactment of HB 533 or SB 305). It also authorizes up to 80,000,000 to the CHOOSE Act Fund to fund Education Savings Accounts for the 2025-2026 academic year, with rules that any un-obligated amount by October 1, 2025 reverts to the EORF and any unexpended funds by the end of the 2025-2026 year revert to the EORF. The act becomes effective immediately.

Who It Affects

• Agencies and entities that would receive funding from the RAISE Fund to implement the RAISE Act
• Parents and eligible students who would benefit from Education Savings Accounts under the CHOOSE Act
• The Educational Opportunities Reserve Fund as the source of the transfers, with funds reverting if not obligated or expended

Key Provisions

• Transfer 375,000,000 from the Educational Opportunities Reserve Fund to the RAISE Fund in FY ending 9/30/2025 to provide initial funding for implementing the RAISE Act, contingent on enactment of HB 533 or SB 305
• Transfer up to 80,000,000 from the Educational Opportunities Reserve Fund to the CHOOSE Act Fund to fund Education Savings Accounts for the 2025-2026 academic year; any un-obligated amount by 10/01/2025 reverts to the EORF; any unexpended funds for qualified expenses by the end of the 2025-2026 academic year revert to the EORF
• Effective date: immediately

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

Subjects

Appropriations