Alabama SB59 requires public colleges and universities to report annually on state and federal funds received and plans for reduced funding.

Alabama SB59 mandates that public institutions of higher education submit an annual report detailing the amount of state and federal funds received and expended, along with plans for operating if funding is reduced. The report must be submitted to the Executive Budget Office by October 31. The Executive Budget Office then compiles these reports and submits a summary to the Legislature by January 1. The bill also requires the House Ways and Means Education Committee and the Senate Finance and Taxation Education Committee to hold hearings on the report every even-numbered year.

Alabama SB59 requires public colleges and universities to report annually on state and federal funds received and plans for reduced funding.

Alabama SB59 mandates that public institutions of higher education submit an annual report detailing the amount of state and federal funds received and expended, along with plans for operating if funding is reduced. The report must be submitted to the Executive Budget Office by October 31. The Executive Budget Office then compiles these reports and submits a summary to the Legislature by January 1. The bill also requires the House Ways and Means Education Committee and the Senate Finance and Taxation Education Committee to hold hearings on the report every even-numbered year.