The Move on When Ready Act establishes a program that allows eligible 11th and 12th grade students to take courses at participating public institutions of higher education while earning high school credit. The Act creates the Move on When Ready Fund, administered by the Chancellor of the Alabama Community College System (ACCS), and prohibits public institutions from charging students for postsecondary coursework taken under this program. It also mandates the State Board of Education, in consultation with the ACCS Board of Trustees and the Alabama Commission on Higher Education's Council of Presidents, to adopt rules regarding eligibility criteria and program guidelines. Notably, eligible students who enroll in the program will not be counted as high school dropouts if they fail to complete high school diploma requirements.

Additionally, the bill SB196 introduces provisions that prevent eligible institutions from charging students for coursework under the program and requires them to accept payments made under subsection (g) as full payment. It establishes penalties for individuals who provide false statements to enable institutions to wrongfully obtain payments, classifying such actions as misdemeanors. The bill also mandates the preparation and publication of an annual report by the department, in collaboration with the ACCS and the Council of Presidents, detailing the program's impact, including participation and completion rates among students. The act is set to take effect on July 1, 2026.