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Ala House panel OKs bills to guarantee pre-paid college tuition funds
By Ala House committee approves prepaid tuition contracts
Montgomery, AL – - An Alabama House committee has approved
three bills that supporters say will insure college tuition is paid
for 45,000 children whose parents bought contracts in the state's
prepaid college tuition program.
The House Education Appropriations Committee by unanimous voice
votes Wednesday approved the bills that will guarantee all current
contracts and end the 20-year-old PACT program when all current
contracts are paid.
Several dozen PACT supporters broke into applause when the
committee voted to guarantee the contracts. The supporters were
mostly Alabama residents who had bought PACT contracts for their
children and grandchildren.
The bills by Democratic Rep. Craig Ford of Gadsden and
Republican Rep. Greg Wren of Montgomery now go to the full House