Legislators File Bill To Try To Save PACT
There’s a new bill aimed at saving Alabama’s Prepaid Affordable College Tuition plan, or PACT.
Thursday, Representative Jay Love of Montgomery County and Senator Trip Pittman of Baldwin County introduced new bills in the Alabama Senate and House.
Their new version omits the language that the Alabama Supreme Court disagreed with, and then threw out.
PACT board members and plan holders have been trying to come up with a settlement agreement to keep the program operating rather than shutting down and refunding money to 39,000 participants.
PACT board member Patti Lambert, of Decatur, says there are plans in the works for a PACT rally in Montgomery to support the new bills.