SB121 Alabama 2011 Session

Updated Jan 10, 2026

SB121 Alabama 2011 Session

Senate Bill

Expired

Current Status

Regular Session 2011

Session

19

Sponsors

Summary

Primary Sponsor: Cam Ward
Republican
Co-Sponsors: Bryan Taylor Clay Scofield Phillip W. Williams Bill Holtzclaw Paul Bussman Dick Brewbaker Shadrack McGill Greg J. Reed Harri Anne Smith Jimmy Holley Arthur Orr Rusty Glover Paul Sanford Trip Pittman Ben H. Brooks J.T. Waggoner Gerald H. Allen Tom Whatley
Session: Regular Session 2011
Title: Education Trust Fund, appropriations in education budget act capped, Budget Stabilization Fund, Capital Fund, established, transfer of certain funds to Education Trust Fund Rainy Day Account, transfer of funds from Budget Stabilization Fund under certain conditions, Education Trust Fund Rolling Reserve Act, Sec. 40-1-32.1 repealed
Description: Under current law, there is no maximum amount that may be appropriated annually from the Education Trust Fund. Appropriations are based on estimates of the amount of revenue that will be available from all revenue sources to the Education Trust Fund.
This bill provides for the maximum amount that may be appropriated annually from the Education Trust Fund; and provides for the establishment and operation of a budget stabilization fund and a capital fund for the Education Trust Fund.
Subjects: Education Trust Fund

Bill Actions

Read for the first time and referred to the Senate committee on Finance and Taxation Education

Bill Text

Download Introduced PDF

Documents

Bill Text (Introduced) SB121 Alabama 2011 Session - Introduced

Source: Alabama Legislature