HB413 Summary

• Appropriates $9,412,870 from the Education Trust Fund to Tuskegee University in Tuskegee, Alabama for fiscal year ending September 30, 2012.

• Requires at least $1,372,148 of the appropriation to be expended for agricultural research and extension service state match.

• Tuskegee University receives unique funding status recognizing its special relationship to Alabama, established by legislative acts in 1881 and 1892 with state-appointed board commissioners.

• Prior to fund release, Tuskegee must submit an operations plan with performance indicators and an audited financial statement for fiscal year 2009-2010 to the Director of Finance.

• Requires quarterly reports and an end-of-year performance report detailing work accomplished, services provided, and program effectiveness to be forwarded to the Joint Fiscal Committee.