SB 111 Alabama Senate · 2025 Regular Session

Educational Opportunities Reserve Fund, transfers for fiscal year 2025

Senate Bill 111 proposes to transfer $375,000,000 from the Education Opportunities Reserve Fund to the Renewing Alabama's Investment in Student Excellence (RAISE) Fund. This transfer is intended to provide initial funding for the implementation of the RAISE Act during the fiscal year ending September 30, 2025. The bill's provisions will only become effective if either House Bill 533 or Senate Bill 305 of the 2025 Regular Session is enacted, as these bills establish the RAISE Fund.

Bill status signed all 5 stages cleared

Introduction

Feb 2025

Committee Review

Apr 2025

Senate Passage

Apr 2025

House Passage

Apr 2025

Signed into Law

May 2025

Introduced Feb 5, 2025 Signed May 6, 2025

Maddy AI version diff · 2 comparisons

What changed between versions

Engrossed → Enrolled · 5 edits · May 6, 2025

MODERATE

The bill was finalized as an enrolled act, adding a new funding provision for the CHOOSE Act Fund alongside the existing RAISE Fund transfer. This change expands the bill's scope to include up to $80 million for Education Savings Accounts, contingent on the passage of related legislation, while also clarifying that unspent funds must revert to the reserve fund.

Scope change

The bill's scope expanded to include funding for the Creating Hope and Opportunity for Our Students' Education (CHOOSE) Act Fund, in addition to the Renewing Alabama's Investment in Student Excellence (RAISE) Fund.

FISCAL

Added a transfer of up to $80,000,000 from the Educational Opportunities Reserve Fund to the CHOOSE Act Fund to support Education Savings Accounts for the 2025-2026 academic year.

Updated the total transfer amount in the bill title and summary from $375,000,000 to 'up to $455,000,000' to reflect the inclusion of the new CHOOSE Fund allocation.

REQUIREMENT

Added a requirement that any portion of the CHOOSE Fund transfer not obligated by October 1, 2025, or not expended by the end of the 2025-2026 academic year, must revert to the Educational Opportunities Reserve Fund.

Consolidated the condition that the act is only effective if related bills (HB 533 or SB 305) are enacted, moving this language to Section 1 and adding a similar condition for the new Section 2.

TECHNICAL

Changed the bill status from 'Engrossed' to 'Enrolled' and updated the bill identifier code, indicating the bill has passed both chambers and is ready for the Governor's signature.

Floor votes

How they voted

This bill passed the Senate by voice vote (no roll call recorded).

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Amendments

Apr 29, 2025

Upper · Passed

Orr Concur In and Adopt - Adopted Roll Call 847

upper

Apr 24, 2025

Lower · Passed

Motion to Read a Third Time and Pass as Amended - Adopted Roll Call 991

lower

Apr 24, 2025

Introduced

Moore (M) 1st Amendment Offered

lower

Apr 24, 2025

Lower · Passed

Motion to Adopt - Adopted Roll Call 989

lower

Apr 24, 2025

Introduced

Ways and Means Education 1st Substitute Offered (Ways and Means Education)

lower

Apr 22, 2025

Lower · Passed

Reported Out of Committee Second House

lower

Apr 10, 2025

Lower · Passed

Pending Committee Action in Second House (Ways and Means Education)

lower

Apr 10, 2025

Upper · Passed

Motion to Read a Third Time and Pass as Amended - Adopted Roll Call 674

upper

Apr 10, 2025

Upper · Passed

Orr motion to Adopt - Adopted Roll Call 673

upper

Apr 10, 2025

Introduced

Finance and Taxation Education 1st Substitute Offered (Finance and Taxation Education)

upper

Apr 9, 2025

Upper · Passed

Reported Out of Committee House of Origin

upper

Feb 5, 2025

Upper · Passed

Pending Committee Action in House of Origin (Finance and Taxation Education)

upper

1 primary · 0 co-sponsors