HB241 Alabama 2026 Session

Summary

Primary Sponsor

Barbara Bigsby BoydRepresentative

Democrat

Session

2026 Regular Session

Title

Talladega College, appropriation

Summary

HB241 provides a $1,372,572 Education Trust Fund appropriation to Talladega College for its educational program in FY 2027, contingent on required plans and reports before funds are released.

What This Bill Does

It allocates funds to Talladega College for its educational program for the fiscal year ending September 30, 2027. The money is released only after an approved FY2027 operations plan and an audited FY2025 financial statement are submitted, and the college must provide quarterly expenditures and accomplishments reports plus an end-of-year performance report. The Director of Finance will review these reports and then release the funds, and copies of the reports must go to the Legislative Council.

Who It Affects

• Talladega College – receives the appropriation and must meet reporting and planning requirements to receive funds.
• Director of Finance – must approve the operations plan, review financial statements and reports, and decide when to release funds.
• Legislative Council – receives copies of the required reports.
• Education Trust Fund/budget processes – funds are governed by Alabama budget laws and related restrictions.

Key Provisions

• Appropriation of $1,372,572 from the Education Trust Fund to Talladega College for the educational program for the fiscal year ending September 30, 2027.
• Subject to Alabama budget and financial control laws and related provisions (Budget and Financial Control Act, Budget Management Act, and other provisions of the act).
• Before any funds are released, Talladega College must submit an operations plan for FY2027 with goals and measurable indicators, approved by the Director of Finance.
• Before funds are released, an audited financial statement for all operations during FY2025 must be submitted.
• The funds are intended to be released after receipt of the above reports, with quarterly reports on actual expenditures and accomplishments relative to plans.
• An end-of-year performance report for FY2027 detailing work, services, costs, and meaningful measures of program effectiveness and costs, as required by state law (41-19-11).
• The Director of Finance must forward copies of all required reports to the Legislative Council in a timely manner.
• The act becomes effective October 1, 2026.

AI-generated summary using openai/gpt-5-nano-2025-08-07 on Apr 2, 2026. May contain errors — refer to the official bill text for accuracy.

Subjects

Appropriations