Alabama 2023 2023 Regular Session

Alabama Senate Bill SB175 Introduced / Fiscal Note

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FISCAL NOTE 
Senate Bill 175
Committee: Finance and Taxation Education Sponsor: Senator Arthur Orr
Analyst: John Friedenreich	Date: 04/11/2023
Senate Bill 175 as introduced would create the ReEngage Alabama Grant Program to: (1)
increase the number of Alabama adults with college degrees; (2) encourage adults meeting
certain requirements to return to college and complete degree programs connected with
workforce development needs and aligned with the state's high demand list; and (3) provide
financial assistance to adult learners in the state to complete their postsecondary education.  This
will increase the obligations of: (1) the Alabama Commission on Higher Education (ACHE) to
implement and administer the provisions of this bill by a department estimated one-time start-up
cost of $1.5 million; and (2) ) the Education Trust Fund, contingent upon appropriation by the
Legislature, to provide grants to eligible adult learners in the amounts of $3,000 per semester
and $1,500 per semester for attendance at authorized four-year and two-year institutions,
respectively, to defray the cost of tuition and mandatory fees. According to the Commission,
$4.5 million would be needed annually to fund the grant program based on the number of
eligible students and high demand programs that have been identified.