Alabama 2025 2025 Regular Session

Alabama House Bill HB272 Introduced / Fiscal Note

                    FN-JPTSUNY-3
Page 1
FISCAL NOTE 
House Bill 272
Committee: Education Policy Sponsor: Representative Terri Collins
Analyst: John Friedenreich	Date: 04/09/2025
House Bill 272 as reported by the Committee on Education Policy would increase the
obligations of the existing Alabama Math and Science Teacher Education Program (AMSTEP),
renamed the "Loan Assistance in Support of Educators in Alabama (LASEA) Program" by this
bill, by an undetermined amount dependent on the number of individuals that receive loan
assistance through the program based on the acute educator shortages in the state, as provided by
this bill, that otherwise would not have received assistance under current law. This bill would
further increase the obligations of the program by an additional $500 per year for each educator
that receives a supplemental award for employment in an acute educator shortage location by
increasing that award amount from $2,500 per year, under current law, to $3,000 per year under
this bill.
Additionally, this bill would increase the administrative obligations of the Alabama
Commission on Higher Education and the Alabama Commission on Evaluation of Services to
develop an accountability and evaluation plan for the program, pursuant to the provisions of this
bill. As of fiscal year 2025, AMSTEP has a cash balance of approximately $2.5 million. For
fiscal year 2026, the governor  recommended an appropriation of $746,750 from the Education
Trust Fund.