SB122 Alabama 2025 Session

Summary

Primary Sponsor

Jay HoveySenator

Republican

Session

2025 Regular Session

Title

Southern Preparatory Academy, appropriation

Summary

The bill provides a $450,000 appropriation from the Education Trust Fund to Southern Preparatory Academy for FY2026 to support its educational program, with pre- and post-funding reporting requirements.

What This Bill Does

It allocates $450,000 to Southern Preparatory Academy for the fiscal year ending September 30, 2026. The funds are subject to state budgeting rules and will be released only after the academy submits an FY2026 operations plan and an audited FY2024 financial statement. It also requires quarterly reports on actual expenditures and accomplishments as well as an end-of-year performance report, with the Director of Finance forwarding these reports to the Legislative Council.

Who It Affects

• Southern Preparatory Academy in Camp Hill, Alabama — receives the $450,000 appropriation and must prepare an operations plan, provide audited financial statements, and submit quarterly and end-of-year reports.
• State budget and oversight entities (Director of Finance and Legislative Council) — review and receive required reports and oversee the timing of fund release to the academy.

Key Provisions

• Provision 1: Appropriation of $450,000 from the Education Trust Fund to Southern Preparatory Academy for the fiscal year ending September 30, 2026.
• Provision 2: The appropriation is subject to the Budget and Financial Control Act, the Budget Management Act, and other provisions of the act.
• Provision 3: Before any funds are released, an operations plan for FY2026 (with goals and measurable indicators) and an audited financial statement for FY2024 must be submitted to the Director of Finance.
• Provision 4: Funds shall be released after receipt of the required reports; quarterly reports on expenditures and accomplishments; and an end-of-year performance report for FY2026 detailing work, services, costs, and meaningful measures.
• Provision 5: The Director of Finance must forward copies of all required reports to the Legislative Council in a timely manner.
• Provision 6: The act becomes effective October 1, 2025.

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