SB306 Alabama 2010 Session

Summary

Primary Sponsor

Roger Bedford, Jr.

Democrat

Session

Regular Session 2010

Title

Children First Trust Fund, appropriations from for fiscal year ending September 30, 2010, use of allocation pursuant to Section 41-15B-2.2 and this act, tobacco settlement revenues deposited in fund within 30 days of receipt, Finance Director to notify each agency of allocation, appropriations conditional on tobacco revenues, appropriation of additional tobacco settlement funds, audit, Children's Affairs Department to report to Legislature and Children's Policy Council

Summary

SB306 would manage and allocate tobacco settlement funds through the Children First Trust Fund for FY2011, mandating deposits, quarterly agency allocations, and investments guided by approved plans with performance measures.

What This Bill Does

It appropriates 44,362,974 dollars from the Children First Trust Fund for FY2011 to designated agencies under Section 41-15B-2.2. It requires tobacco settlement revenues to be deposited into the Children First Trust Fund within 30 days of receipt, with the Finance Director notifying agencies of expected allocations and making quarterly allocations conditioned on tobacco funds. It also appropriates 50,407,080 dollars from other tobacco settlement funds for FY2011 to specified entities, and allows conditional allocations of any additional tobacco revenue based on recommendations from the Finance Director, the relevant legislative chairs, and Governor approval. It establishes a requirement for plans of investment with quality assurance measures, and provides for reporting to legislators and policy councils, along with notification to lawmakers before funds reach recipients.

Who It Affects

• Various state agencies listed in Section 1(a) (such as Alcoholic Beverage Control Board, Department of Human Resources, Department of Public Health, Alabama Medicaid Agency, Department of Youth Services, Department of Rehabilitation Services, Juvenile Probation Services Fund, and others) that will receive appropriations from the Children First Trust Fund for specific programs in FY2011.
• Legislators, the Governor, the Department of Children's Affairs, and oversight bodies (Joint Interim Legislative Oversight Committee and the Alabama Children's Policy Council) who oversee allocations, review plans of investment, receive investment plans and reports, and approve any additional tobacco revenue allocations.

Key Provisions

• Appropriates 44,362,974 from the Children First Trust Fund for FY2011 to designated agencies per Section 41-15B-2.2.
• Deposits all tobacco settlement revenues into the Children First Trust Fund within 30 days of receipt and requires the Finance Director to notify each agency of anticipated allocations with quarterly distributions conditioned on tobacco fund receipts.
• Appropriates 50,407,080 from other tobacco settlement funds for FY2011 to specified entities, including Department of Children's Affairs, Medicaid, Senior Services, and related programs.
• Sets up a conditional process for any additional tobacco revenue, requiring recommendations from the Finance Director and committee chairs and Governor approval.
• Requires a plan of investment approved by the Commissioner of the Department of Children's Affairs, includes at least four quality assurance items, and is subject to audit by the Examiners of Public Accounts.
• Allocations are conditioned on tobacco revenues and agencies must be notified in advance of appropriations; end-of-year funds remain in the CF Fund unless future laws direct otherwise.
• Mandates reporting of each approved plan to the Joint Interim Legislative Oversight Committee and the Alabama Children's Policy Council, and allows adjusted plans upon request.
• Funds from the Children First Trust Fund are directed to meet the most immediate needs of children as conditions change.

AI-generated summary using openai/gpt-5-nano on Feb 25, 2026. May contain errors — refer to the official bill text for accuracy.

Subjects

Children First Trust Fund