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AL SB572

Bill

Official Source

Status

Introduced

3/25/2010

Primary Sponsor

Rodger Smitherman

Click for details

Origin

Senate

Regular Session 2010

AI Summary

SB572 Summary

  • Requires full payment of tuition and mandatory fees for all Prepaid Affordable College Tuition (PACT) Program contracts for the 2010-2011 school year as originally contemplated in each contract.

  • Overrides any conflicting provisions of law regarding partial or reduced payments on PACT contracts.

  • Applies to all PACT contract beneficiaries regardless of specific or implied guarantees in their original contracts.

  • Becomes effective immediately upon passage and approval by the Governor.

Legislative Description

Prepaid Affordable College Tuition (PACT) Program, contracts further provided for

Prepaid Affordable College Tuition (PACT) Program

Last Action

Read for the first time and referred to the Senate committee on Fiscal Responsibility and Accountability

3/25/2010

Committee Referrals

Fiscal Responsibility and Accountability3/25/2010

Full Bill Text

No bill text available