AL SB278 | 2023 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on June 6 2023 - 100% progression
Action: 2023-06-06 - Enacted
Text: Latest bill text (Enrolled) [PDF]

Summary

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.

Tracking Information

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Title

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.

Sponsors


Roll Calls

2023-06-06 - Senate - Concur In and Adopt (Y: 29 N: 0 NV: 0 Abs: 6) [PASS]
2023-06-06 - House - Concur In and Adopt (Y: 97 N: 0 NV: 5 Abs: 2) [PASS]
2023-05-25 - Senate - Concur (Y: 29 N: 0 NV: 0 Abs: 6) [PASS]
2023-05-25 - House - Read a Third Time and Pass as Amended (Y: 66 N: 27 NV: 8 Abs: 4) [PASS]
2023-05-25 - House - Adopt IY0F6W-1 (Y: 94 N: 1 NV: 8 Abs: 2) [PASS]
2023-05-25 - House - Adopt F8ROD5-1 (Y: 88 N: 4 NV: 7 Abs: 6) [PASS]
2023-05-25 - House - Adopt MY5E1W-1 (Y: 98 N: 3 NV: 0 Abs: 4) [PASS]
2023-05-04 - Senate - Read a Third Time and Pass (Y: 33 N: 0 NV: 1 Abs: 1) [PASS]

History

DateChamberAction
2023-06-06HouseEnacted
2023-06-06HouseConcur In and Adopt
2023-06-06SenateConcur In and Adopt
2023-06-06SenateExecutive Amendment ID2824
2023-05-25SenateEnrolled
2023-05-25SenateConcur
2023-05-25HouseRead a Third Time and Pass as Amended
2023-05-25HouseAdopt IY0F6W-1
2023-05-25HouseAdopt F8ROD5-1
2023-05-25HouseAdopt MY5E1W-1
2023-05-25HouseOn Third Reading in Second House
2023-05-24HouseRead Second Time in Second House
2023-05-24HouseReported Out of Committee in Second House
2023-05-24HouseReported Favorably from House Ways and Means Education
2023-05-04HouseReferred to Committee to House Ways and Means Education
2023-05-04SenateRead First Time in Second House
2023-05-04SenateRead a Third Time and Pass
2023-05-04SenateOn Third Reading in House of Origin
2023-05-03SenateRead Second Time in House of Origin
2023-05-03SenateReported Out of Committee in House of Origin
2023-05-03SenateReported Favorably from Senate Finance and Taxation Education
2023-05-02SenateIntroduced and Referred to Senate Finance and Taxation Education
2023-05-02SenateRead First Time in House of Origin

Alabama State Sources

TypeSource
Summaryhttps://alison.legislature.state.al.us/bill-search
Texthttps://alison.legislature.state.al.us/files/pdf/SearchableInstruments/2023RS/SB278-int.pdf
Texthttps://alison.legislature.state.al.us/files/pdf/SearchableInstruments/2023RS/SB278-enr.pdf
Amendmenthttps://alison.legislature.state.al.us/files/pdf/SearchableInstruments/2023RS/IY0F6W-1.pdf
Amendmenthttps://alison.legislature.state.al.us/files/pdf/SearchableInstruments/2023RS/F8ROD5-1.pdf
Amendmenthttps://alison.legislature.state.al.us/files/pdf/SearchableInstruments/2023RS/MY5E1W-1.pdf
Amendmenthttps://alison.legislature.state.al.us/files/pdf/SearchableInstruments/2023RS/SB278-ID2824.pdf
Supplementhttps://alison.legislature.state.al.us/files/pdf/SearchableInstruments/2023RS/FiscalNotes/FN-VB04PP-1.pdf
Supplementhttps://alison.legislature.state.al.us/files/pdf/SearchableInstruments/2023RS/FiscalNotes/FN-VB04PP-2.pdf
Roll Callhttps://alison.legislature.state.al.us/bill-search#rc610
Roll Callhttps://alison.legislature.state.al.us/bill-search#rc931
Roll Callhttps://alison.legislature.state.al.us/bill-search#rc932
Roll Callhttps://alison.legislature.state.al.us/bill-search#rc933
Roll Callhttps://alison.legislature.state.al.us/bill-search#rc934
Roll Callhttps://alison.legislature.state.al.us/bill-search#rc1094
Roll Callhttps://alison.legislature.state.al.us/bill-search#rc1165
Roll Callhttps://alison.legislature.state.al.us/bill-search#rc1258

Bill Comments

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