Committee: Finance and Taxation EducationSponsor: Orr
Analyst: Daniel DavenportDate: 03/16/2021

FISCAL NOTE

Senate Bill 193 as substituted and reported by the Committee on Finance and Taxation Education appropriates from the Education Trust Fund (ETF) Advancement and Technology Fund, for the fiscal year ending September 30, 2021, the amount of $76,336,095 to the public institutions of higher education to be expended as provided by the ETF Rolling Reserve Act.

This bill further appropriates for the fiscal year ending September 30, 2021, from the ETF Advancement and Technology Fund, to the Department of Education to be allocated to the local school systems, the Alabama Institute for Deaf and Blind, the Alabama School of Math and Science, the Alabama School of Fine Arts, the Alabama School of Cyber and Engineering, and the Department of Youth Servicesí School District, the amount of $205,971,947 to be expended as provided by the ETF Rolling Reserve Act. This bill further provides that the funds allocated to the local school systems shall not be expended without prior approval of the State Superintendent of Education and that $2 million of this amount shall be distributed to the Ed Farm Classroom of Tomorrow for technology tools and professional development services to classroom teachers.

In addition, this bill provides that all funds not expended in the current fiscal year shall not revert but be carried forward for the purpose appropriated.


Arthur Orr, Chairperson
Finance and Taxation Education