Supplement: AL HB424 | 2021 | Regular Session | HB424 for Ways and Means Education

For additional supplements on Alabama HB424 please see the Bill Drafting List
Bill Title: Colleges and universities, Student Grant Program, cap amount on grants increased from $1,200 to $3,000 per academic year, duties of Commission on Higher Ed. further provided for, Sec. 16-33A-3 am'd.

Status: 2021-05-04 - Delivered to Governor at 2:25 p.m. on May 4, 2021. [HB424 Detail]

Download: Alabama-2021-HB424-HB424_for_Ways_and_Means_Education.html
Committee: Ways and Means Education Sponsor: Faulkner
Analyst: Daniel Davenport Date: 03/01/2021

FISCAL NOTE

House Bill 424 as introduced increases the grant award amount for the Alabama Student Grant Program, administered by the Alabama Commission on Higher Education (ACHE), from $1,200 currently to $3,000 per academic year, which would increase the obligations of the program, funded from the Education Trust Fund, by an estimated $9.9 million annually.


  Bill Poole, Chair
Ways and Means Education
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