AL HB149

Appropriates $1,176,157 from the Education Trust Fund to Talladega College in Talladega, Alabama for support and maintenance of educational programs for fiscal year ending September 30, 2025.

Appropriation is subject to the Budget and Financial Control Act and Budget Management Act of 1976 provisions.

Requires Talladega College to submit an operations plan with goals and measurable performance indicators and an audited financial statement for fiscal year 2023 prior to fund release.

Mandates quarterly reports to the Director of Finance comparing actual versus planned expenditures and accomplishments, plus an end-of-year performance report for fiscal year 2025.

Becomes effective October 1, 2024; passed by House on April 16, 2024 and Senate on May 2, 2024.