SB551 directs TVA in-lieu-of-taxes payments Morgan County received for 2010 and 2011 to be allocated to local school systems for teachers, technology, and instructional materials.
The bill specifies that the TVA in-lieu-of-taxes payments for 2010 and 2011 will be distributed to the Hartselle, Decatur, and Morgan County Boards of Education. It allocates 50% for teacher and personnel expenses (not admin), 30% for technology (not admin), and 20% for instructional materials and supplies, with any excess shared among the schools; the amounts are based on the previous year's average daily attendance. There is a reserve rule: if a system has less than one month's expenditures in reserve, they must use the funds as directed; if they have a reserve, the category restrictions apply. The distribution becomes effective immediately after passage and governor approval.
Forwarded to Governor at 4:30 p.m. on April 13, 2010
Assigned Act No. 2010-601.
Signature Requested
Enrolled
Passed Second House
Motion to Read a Third Time and Pass adopted Roll Call 943
Third Reading Passed
Read for the second time and placed on the calendar
Read for the first time and referred to the House of Representatives committee on Local Legislation
Engrossed
Motion to Read a Third Time and Pass adopted Roll Call 668
Motion to Adopt adopted Roll Call 667
Orr Amendment Offered
Motion to Adopt adopted Roll Call 666
Motion to Adopt adopted Roll Call 665
Local Legislation No. 1 Amendment Offered
Local Legislation No. 1 Amendment Offered
Third Reading Passed
Read for the second time and placed on the calendar 2 amendments
Read for the first time and referred to the Senate committee on Local Legislation No. 1
Source: Alabama Legislature