This bill would transfer $362,450,000 from the Educational Opportunities Reserve Fund for the fiscal year ending September 30, 2026, to the Renewing Alabama's Investment in Student Excellence (RAISE) Fund. This bill would make appropriations for the fiscal year ending September 30, 2026, from the Educational Opportunities Reserve Fund to various higher education institutions in a total amount of $137,550,000.
Statutes affected: Introduced: 29-9-4, 16-13-362