SB150INTRODUCED
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SB150
N9XH8TT-1
By Senators Bell, Orr
RFD: Finance and Taxation Education
First Read: 11-Feb-25
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5 N9XH8TT-1 01/31/2025 (E) JT EBO-2025-17
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First Read: 11-Feb-25
SYNOPSIS:
This bill makes an appropriation of $1,326,157
from the Education Trust Fund to Talladega College in
Talladega, Alabama for the support and maintenance of
the educational program of the institution, for the
fiscal year ending September 30, 2026; to provide that
the appropriation is subject to certain provisions of
the Code of Alabama 1975; to require an operations plan
and an audited financial statement prior to the release
of any funds; and to require an end of year report .
A BILL
TO BE ENTITLED
AN ACT
To make an appropriation of $1,326,157 from the
Education Trust Fund to Talladega College in Talladega,
Alabama for the support and maintenance of the educational
program of the institution, for the fiscal year ending
September 30, 2026; to provide that the appropriation is
subject to certain provisions of the Code of Alabama 1975; to
require an operations plan and an audited financial statement
prior to the release of any funds; and to require an end of
year report.
BE IT ENACTED BY THE LEGISLATURE OF ALABAMA:
Section 1. There is hereby appropriated the sum of
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Section 1. There is hereby appropriated the sum of
$1,326,157 from the Education Trust Fund to Talladega College
in Talladega, Alabama for the support and maintenance of the
educational program of the institution, for the fiscal year
ending September 30, 2026.
Section 2. The above appropriation is made for the
support of public education in Alabama and for the support and
maintenance of the above program. The appropriation shall be
subject to the provisions, terms, conditions, and limitations
of the Budget and Financial Control Act, Code of Alabama 1975,
Sections 41-4-80 et seq.; the provisions of the Budget
Management Act of 1976, Code of Alabama 1975, Sections 41-19-1
et seq.; and any other provisions of this act.
Section 3. (a) Prior to the release of any funds
appropriated under this act the following reports shall be
submitted:
(1) An operations plan for the fiscal year 2026,
including goals and measurable performance indicators, shall
be submitted to and approved by the Director of Finance, as
provided for state agencies in Code of Alabama 1975, Section
41-19-10.
(2) An audited financial statement for all operations
during the fiscal year 2024.
(b) It is the intent that funds appropriated for fiscal
year 2026 shall be released by the Director of Finance
following receipt of the above reports.
(c) In addition, quarterly reports shall be made to the
Director of Finance relating actual expenditures and
accomplishments to planned expenditures and accomplishments.
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accomplishments to planned expenditures and accomplishments.
An end of year performance report for the fiscal year 2026
shall be made to the Director of Finance stating the work
accomplished and the services provided and the costs of
accomplishing the work and providing the services, citing
meaningful measures of program effectiveness and costs, as is
required for state agencies in Code of Alabama 1975, Section
41-19-11.
(d) The Director of Finance shall forward a copy of all
required reports to the Legislative Council in a timely
manner.
Section 4. This act shall become effective October 1, 2025.
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