House Bill 242 Alabama 2026 Session

Updated Mar 12, 2026

Notable

Summary

Primary Sponsor: Ed OliverRepresentative
Republican
Session: 2026 Regular Session
Title: Southern Preparatory Academy, appropriation
Summary: HB242 would appropriate $460,000 from the Education Trust Fund to Southern Preparatory Academy for the 2027 fiscal year to support and maintain its educational program, with planning, audits, and reporting requirements and state oversight.
What This Bill Does
HB242 would provide a $460,000 appropriation to Southern Preparatory Academy for the fiscal year ending September 30, 2027 to support and maintain its educational program. The funds would be released only after the academy submits an operations plan with goals and measurable indicators approved by the Director of Finance and an audited financial statement for FY2025. The state would require quarterly reports on expenditures and progress, and an end-of-year performance report, with the Director of Finance forwarding copies to the Legislative Council.

Who It Affects
Southern Preparatory Academy in Camp Hill – would receive $460,000 for its educational program and must meet planning and reporting requirements to access the funds.
State financial officials and lawmakers (Director of Finance and Legislative Council) – would oversee the appropriation, review required plans and audits, and receive ongoing reports before funds are released.

Key Provisions
Section 1: Appropriates $460,000 from the Education Trust Fund to Southern Preparatory Academy for the fiscal year ending September 30, 2027 to support and maintain its educational program.
Section 2: The appropriation is subject to the Budget and Financial Control Act, Budget Management Act, and other relevant provisions of Alabama law.
Section 3(a): Before any funds are released, the academy must submit an operations plan for FY2027 with goals and measurable performance indicators approved by the Director of Finance, and an audited financial statement for FY2025.
Section 3(b): Funds for FY2027 will be released only after receipt of the above reports.
Section 3(c): The entity must file quarterly reports showing actual expenditures and accomplishments compared to the plan.
Section 3(d): An end-of-year performance report for FY2027 must be filed describing work, services, costs, and program effectiveness.
Section 3(e): The Director of Finance must forward copies of all required reports to the Legislative Council in a timely manner.
Section 4: This act becomes effective on 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