This act: (1) amends Section 33-1-2, Code of Alabama 1975, to rename the Alabama State Port Authority as the Alabama Port Authority; (2) authorizes the Code Commissioner to change out-of-date references to the State Port Authority, the Alabama State Docks Department, and the Alabama State Port Authority to the Alabama Port Authority; and (3) repeals Chapter 13 of Title 33, Code of Alabama 1975, to terminate the obsolete Alabama Port Authority.

This act amends Section 17-5-15.1, Code of Alabama 1975, to: (1) prohibit foreign nationals from contributing anything of value in connection with a state or local public office election or noncandidate election to a state or local political party committee or to a political action committee and from paying for electioneering communications; (2) prohibit soliciting, accepting, or receiving any such contributions or payment from foreign nationals; (3) create a rebuttable presumption against violating this solicitation prohibition if solicitation contains notice to the contrary; (4) exempt membership dues and conference fees from these prohibitions so long as the organization is not a foreign national, only a portion of dues or fees comes from foreign nationals, and no election decisions are dictated by foreign nationals; and (5) provide knowingly or willingly violating this act is a Class C felony.

This act amends Sections 31-10-2, 31-10-3, and 31-10-4, Code of Alabama 1975, to: (1) add workforce development programs to those academic pathways that qualify for tuition assistance payments under the Alabama National Guard Educational Assistance Program for active members of the Alabama National Guard; (2) authorize the Adjutant General and the Executive Director of the Alabama Commission on Higher Education (ACHE) to determine which workforce development programs qualify for assistance; (3) require assistance be paid to schools within 90 days after the academic period beginning and ACHE verifying the member's enrollment; (4) limit assistance to the median cost of tuition per term of all public four-year institutions in the state; (5) limit assistance to 120 academic hours or the completion of the first bachelor's degree or 60 academic hours or the first graduate degree; (6) prohibit universities from charging members out-of-state tuition or fees; (7) prohibit using assistance for a second bachelor's or master's degree; (8) add that a student must be over 16 years of age, comply with the Satisfactory Academic Progress standards under the Federal Higher Education Act, complete a Free Application for Federal Student Aid, and sign a promissory note for repayment if disqualified from the program to receive assistance; (9) exempt from repaying assistance any member disqualified from serving due to a disability rating of at least 40 percent; (10) authorize the Adjutant General and Alabama National Guard Education Services Officer to consult with ACHE to determine criteria for disqualification for assistance; (11) require ACHE to collaborate with the State Military Department in adopting rules to administer the program; (12) provide the Adjutant General is the final authority in determining eligibility to receive assistance; and (13) provide that any assistance currently being received shall continue until the completion of the academic course. This act also repeals Section 31-10-4.1, Code of Alabama 1975, which provided qualifications for tuition reimbursement under the program.

This act: (1) makes supplemental appropriations from the Education Trust Fund totaling $419,717,091 to various agencies and entities for the fiscal year ending September 30, 2026; (2) transfers $49,920 from the Alabama Student Assistance Program Fund, $148,192 from the Knight Court Monitor Fund, and $114,723 from the Teacher Education Scholarship Loan Fund to the Commission on Higher Education Fund and appropriates these funds to the Commission on Higher Education for specific uses; (3) appropriates $100,000,000 from the CHOOSE Act Fund to the Department of Revenue for the fiscal year ending September 30, 2026; (4) authorizes conversion charter schools to use funds received under Act 2024-428 as needed; (5) authorizes the Alabama Historical Commission to use unused or returned funds previously appropriated from the Education Trust Fund; (6) amends Section 3 of Act 2025-270 to decrease the Education Trust Fund appropriation to the Rural Alabama Teaching Health Center from $1,110,000 to $385,000 and appropriate $725,000 to the Decatur Morgan Graduate Medical Education Program; (7) reappropriates unexpended or reverted appropriations for the fiscal year ending September 30, 2026; and (8) appropriates amounts necessary for public funds into the State Treasury.

This act makes supplemental appropriations from the Education Trust Fund Advancement and Technology Fund for the fiscal year ending September 30, 2026, to: (1) the public institutions of higher education in the amount of $275,100,000; (2) the Department of Education to be allocated to the local boards of education and other entities in the amount of $570,000,000; (3) the Department of Education to be allocated to local boards of education, including for certain entities and uses, in the amount of $4,900,000; and (4) the Department of Education to be allocated to local boards of education to provide matching grants to local education agencies for regional career technology center development expenses in the amount of $150,000,000.

This act transfers from the Educational Opportunities Reserve Fund, for the fiscal year ending September 30, 2026: (1) $399,150,000 to the Renewing Alabama's Investment in Student Excellence (RAISE) Fund for the continuation and expansion of RAISE Act; and (2) $100,850,000 to the College and Higher Education Excellence and Results (CHEER) Fund to provide initial funding to implement the CHEER Act.

This act substantially amends the Alabama Business and Nonprofit Entity Code, Title 10A of, and adds Sections 10A-2A-8.70, 10A-3A-6.14, 10A-3A-8.61, 10A-3A-8.62, and 10A-3A-8.70 to, the Code of Alabama 1975, to: (1) clarify the internal affairs doctrine thereby codifying the relevant common law; (2) provide for entities' filling instruments to be corrected and nullified; (3) prohibit registered agents from performing duties or functions via a virtual office or the retention of a mail forwarding service; (4) provide procedures for the execution of certificates of withdrawal by foreign entities; (5) authorize certain bylaw provisions regarding proxy matters, including proxy solicitations; (6) further provide for the rights of, and procedures governing, owners' and members' requests to inspect entities' records, including expedited judicial review for noncompliance; (7) provide duties of stockholders to the corporation and fellow stockholders; and (8) provide procedures and duties of officers, directors, stockholders, and corporate members regarding conflicting interest transactions and corporate opportunity transactions. This act also repeals Sections 10A-2A-16.10 and 10A-3A-4.20, Code of Alabama 1975, which provided for financial statements for entities' stockholders and members.