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AL HB242
Bill
Status
1/14/2026
Primary Sponsor
Ed Oliver
Click for details
AI Summary
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Appropriates $460,000 from the Education Trust Fund to Southern Preparatory Academy in Camp Hill, Alabama for support and maintenance of its educational program for fiscal year ending September 30, 2027
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Requires submission of an operations plan for FY2027 with goals and measurable performance indicators, approved by the Director of Finance, before funds are released
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Requires submission of an audited financial statement for FY2025 operations before funds are released
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Mandates quarterly reports to the Director of Finance comparing actual expenditures and accomplishments to planned targets, plus an end-of-year performance report for FY2027
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Effective date: October 1, 2026
Legislative Description
Southern Preparatory Academy, appropriation
Appropriations
Last Action
Pending Senate Finance and Taxation Education
3/12/2026