Bill > HB165

This bill requires public colleges and universities in Alabama to submit an annual report by October 31st to the Executive Budget Office detailing the amount of state and federal funds they received and spent in the previous fiscal year, separately listing each source. These institutions must also provide a plan for how they would operate if their state or federal funding were reduced by 5% or more, or by 20% or more for federal funding. The Executive Budget Office will then compile these reports into a summary for the Legislature by January 1st, which will be reviewed by legislative committees during budget hearings to inform decisions on future funding. The bill defines "federal receipts" as financial assistance from federal entities and "state receipts" as financial assistance from specific state funds, excluding tuition and self-generated funds, and clarifies that "public institutions of higher education" includes all public post-secondary educational institutions.

Budget and Finance

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