AlabamaAlabama transfers $399.15 million from education reserves to student funding
The law directs $399.15 million from Alabama’s education reserve to student excellence funding, plus $100.85 million for college funding if a separate law is enacted.
What it does
For the fiscal year ending September 30, 2026, Alabama transfers $399.15 million from its education reserve to its student excellence fund. Spending requires lawmakers’ approval.
For the fiscal year ending September 30, 2026, the law directs $100.85 million from Alabama’s education reserve to college education funding, only if House Bill 565 or Senate Bill 344 is enacted.
Argument forMaking $399.15 million available for spending lawmakers approve could help Alabama continue and expand its student excellence program.
Argument againstMoving $399.15 million out of the education reserve could leave less reserve money available for other education needs.
More detail
Alabama transfers $399.15 million from the Educational Opportunities Reserve Fund to the Renewing Alabama’s Investment in Student Excellence fund. The transfer moves money between Alabama’s education reserve and its student excellence fund. Lawmakers must approve spending the money to continue and expand the student excellence program. The law takes effect immediately upon the Governor’s approval or otherwise becoming law.
Alabama conditionally transfers $100.85 million from the Educational Opportunities Reserve Fund to the College and Higher Education Excellence and Results fund. The money provides initial funding to carry out the College and Higher Education Excellence and Results Act. This section takes effect only if House Bill 565 or Senate Bill 344 from the 2026 regular session is enacted.
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Where it stands
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Apr 9EnactedBecame Law
- Apr 2Third Reading in Second House
- Vote recorded Third Reading in Second House. Result: pass.Upper
- Vote recorded Motion to Read a Third Time and Pass - Adopted Roll Call 1104. Result: pass.Upper
- Apr 2Motion to Read a Third Time and Pass - Adopted Roll Call 1104Passed Senate
- Apr 2Ready to Enroll
- Apr 2Ready to Enroll
- Apr 2EnrolledTo Governor
- Apr 2Signature Requested
- Apr 2Delivered to GovernorMinor
- Apr 1Reported Out of Committee Second House
- Apr 1Read for the Second Time and placed on the Calendar (Finance and Taxation Education)Minor
- Mar 12Third Reading in House of Origin
- Vote recorded Third Reading in House of Origin. Result: pass.Lower
- Vote recorded Motion to Read a Third Time and Pass as Amended - Adopted Roll Call 874. Result: pass.Lower
- Vote recorded Motion to Adopt - Adopted Roll Call 873. Result: pass.Lower
- Mar 12Ways and Means Education 1st Substitute Offered (Ways and Means Education)Minor
- Mar 12Motion to Adopt - Adopted Roll Call 873Major
- Mar 12Motion to Read a Third Time and Pass as Amended - Adopted Roll Call 874Passed House
- Mar 12Engrossed
- Mar 12Read for the first time and referred to the Senate Committee on Finance and Taxation EducationMinor
- Mar 12Pending Committee Action in Second House (Finance and Taxation Education)
- Mar 11Ways and Means Education 1st Substitute (Ways and Means Education)
- Mar 11Reported Out of Committee House of Origin
- Mar 11Read for the Second Time and placed on the Calendar (Ways and Means Education)Minor
- Jan 14Read for the first time and referred to the House Committee on Ways and Means EducationMinor
- Jan 14Pending Committee Action in House of Origin (Ways and Means Education)Introduced
EducationTaxes & Budget