House Bill 237 Alabama 2026 Session

Updated Mar 12, 2026

Notable

Summary

Primary Sponsor: Danny GarrettRepresentative
Republican
Session: 2026 Regular Session
Title: Education Opportunities Reserve Fund transfers for the fiscal year ending September 30, 2026
Summary: HB237 moves $500 million from Alabama's Educational Opportunities Reserve Fund in FY2026 to fund two education programs: RAISE and CHEER.
What This Bill Does
It transfers $399,150,000 to the Renewing Alabama's Investment in Student Excellence (RAISE) Fund to continue and expand the RAISE Act, and $100,850,000 to the College and Higher Education Excellence and Results (CHEER) Fund to start implementing the CHEER Act. The CHEER funding depends on enactment of HB565 or SB344 (or another act). The transfers are allowed for the 2026 fiscal year despite other laws, and the act becomes effective immediately after passage and governor approval.

Who It Affects
Students and families who benefit from the continued and expanded RAISE program
Public colleges and universities that will receive initial CHEER funding to implement the CHEER Act

Key Provisions
Section 1: Transfers $399,150,000 from the Educational Opportunities Reserve Fund to the RAISE Fund to be available for appropriation and used for continuation/expansion of the RAISE Act
Section 2: Transfers $100,850,000 from the Educational Opportunities Reserve Fund to the CHEER Fund to provide initial funding to implement the CHEER Act; contingent on enactment of HB565 or SB344 (or other act) in the 2026 Regular Session
Section 3: Effective immediately upon passage and Governor's approval

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