SB150 Summary

• Appropriates $1,326,157 from the Education Trust Fund to Talladega College in Talladega, Alabama for fiscal year ending September 30, 2026.

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

• Talladega College must submit an operations plan with goals and measurable performance indicators and an audited financial statement for fiscal year 2024 before any funds are released.

• College must submit quarterly reports to the Director of Finance comparing actual expenditures and accomplishments to planned expenditures and accomplishments, plus an end-of-year performance report.

• Effective October 1, 2025.