Bill > HB237

This bill, for the fiscal year ending September 30, 2026, authorizes the transfer of $362,450,000 from the Educational Opportunities Reserve Fund (EORF) to the Renewing Alabama's Investment in Student Excellence (RAISE) Fund, which is a dedicated fund established to support and expand educational programs under the RAISE Act. Additionally, the bill appropriates $137,550,000 from the EORF to various public higher education institutions across Alabama, providing them with start-up or transitional funding for initiatives aimed at improving access to enhanced educational opportunities, with specific amounts allocated to different systems and universities. This act will take effect immediately upon its approval.

Budget and Finance

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