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  • Introduced
    May 02, 2023
  • Passed Senate
    May 04, 2023
  • Passed House
    May 25, 2023
  • Signed into Law
    Jun 06, 2023
SB 278
Alabama Senate Bill
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Relating to education; to create the Distressed Institutions of Higher Education Revolving Loan Program to be administered by the State Treasurer; to define "eligible institutions"; to authorize the State Treasurer to establish terms and conditions of loans; to require reporting of contract terms and on the operation of the program; to establish the Distressed Institutions of Higher Education Loan Program Fund in the State Treasury to receive appropriations from the Legislature for funding loans and loan repayments; and to provide for recovery of amounts due.
Last Action See all actions
executive • Jun 06, 2023: Enacted

Summary/Bill Text

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  • Jun 06, 2023 | executive
    • Enacted
  • Jun 06, 2023 | Senate
    • Executive Amendment ID2824
    • Concur In and Adopt
  • May 25, 2023 | Senate
    • Concur
    • Enrolled
  • May 25, 2023 | House
    • On Third Reading in Second House
    • Adopt MY5E1W-1
    • Adopt F8ROD5-1
    • Adopt IY0F6W-1
    • Read a Third Time and Pass as Amended
  • May 25, 2023 | legislature
    • BIR861 for SB278, Passed by Second House
  • May 24, 2023 | House
    • Reported Favorably (Ways and Means Education)
    • Reported Out of Committee in Second House
    • Read Second Time in Second House
  • May 04, 2023 | House
    • Referred to Committee (Ways and Means Education)
  • May 04, 2023 | Senate
    • On Third Reading in House of Origin
    • Read a Third Time and Pass
    • Read First Time in Second House
  • May 04, 2023 | legislature
    • BIR861 for SB278, Passed by House of Origin
  • May 03, 2023 | Senate
    • Reported Favorably (Finance and Taxation Education)
    • Reported Out of Committee in House of Origin
    • Read Second Time in House of Origin
  • May 02, 2023 | Senate
    • Read First Time in House of Origin
    • Introduced and Referred (Finance and Taxation Education)