Transfers $362,450,000 from the Educational Opportunities Reserve Fund to the RAISE Fund and appropriates $137,550,000 to higher education.
This bill transfers $362,450,000 from the Educational Opportunities Reserve Fund to the Renewing Alabama's Investment in Student Excellence (RAISE) Fund for the fiscal year ending September 30, 2026. It also appropriates $137,550,000 from the Educational Opportunities Reserve Fund to various higher education institutions to support initiatives providing access to enhanced educational opportunities. The funds are allocated to institutions including the Alabama Community College System, Auburn University, and others. The bill becomes effective immediately upon passage and approval.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.