House Bill 241 Alabama 2026 Session

Updated Mar 12, 2026

Low Interest

Summary

Primary Sponsor: Barbara Bigsby BoydRepresentative
Democrat
Session: 2026 Regular Session
Title: Talladega College, appropriation
Summary: HB241 would provide Talladega College with $1,372,572 from the Education Trust Fund for FY2027, but only after the college submits planned goals, audits, and year-end reports as a condition of funds.
What This Bill Does
The bill appropriates $1,372,572 from the Education Trust Fund to Talladega College for the institution's educational program for the fiscal year ending September 30, 2027. It makes the appropriation subject to certain Alabama law provisions and requires an operations plan and an audited financial statement before any funds are released, plus an end-of-year report. It also requires regular reporting—an operations plan with goals and performance indicators, quarterly expenditure and progress reports, and a comprehensive end-of-year performance report—and designates that the Director of Finance will forward these reports to the Legislative Council.

Who It Affects
Talladega College: will receive the specified appropriation and must prepare an operations plan, have an audited financial statement, provide quarterly and end-of-year reports, and comply with reporting conditions to obtain and retain the funds.
State of Alabama (Director of Finance and Legislative Council): will review and require the specified reports, determine when funds are released, and oversee compliance with the Budget and Financial Control Act and Budget Management Act.

Key Provisions
Appropriation of $1,372,572 from the Education Trust Fund to Talladega College for the fiscal year ending September 30, 2027.
Subject to the Budget and Financial Control Act, Budget Management Act, and other provisions of the Code of Alabama 1975.
Prior to release of funds: an operations plan for FY2027 with goals and measurable performance indicators must be approved by the Director of Finance; an audited financial statement for all operations during FY2025 must be provided.
Annual and quarterly reporting requirements: quarterly reports on actual expenditures and accomplishments; an end-of-year performance report for FY2027 detailing work done, services provided, and costs with meaningful measures of program effectiveness.
Director of Finance to forward all required reports to the Legislative Council in a timely manner.
Effective date: October 1, 2026.

AI-generated summary using openai/gpt-5-nano on Feb 11, 2026. May contain errors — refer to the official bill text for accuracy.
Subjects: Appropriations