HB182 Alabama 2012 Session
In Committee
Bill Summary
Sponsors
Session
Regular Session 2012
Title
Education Trust Funds, repeal Education Trust Fund Rolling Reserve Act, reenact Education Trust Fund Proration Account, Sec. 40-1-32.1 reenacted; Act 2011-3, 2011 Reg. Sess., repealed
Description
<p class="bill_description"> This bill would repeal Act 2011-3, HB57,
2011 Regular Session, the Education Trust Fund
Rolling Reserve Act, providing for the maximum
amount that may be appropriated annually from the
Education Trust Fund; and to provide for the
establishment and operation of a budget
stabilization fund and a capital fund for the
Education Trust Fund and repealing Section
40-1-32.1, Code of Alabama 1975</p><p class="bill_description">
This bill would reenact Section 40-1-32.1,
Code of Alabama 1975, providing for the Education
Trust Fund Proration Account</p><p class="bill_entitled_an_act"> To repeal Act 2011-3, HB57, 2011 Regular Session,
the Education Trust Fund Rolling Reserve Act, providing for
the maximum amount that may be appropriated annually from the
Education Trust Fund; and to reenact Section 40-1-32.1, Code
of Alabama 1975, providing for the Education Trust Fund
Proration Account.
</p>
Subjects
Education Trust Fund
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| February 7, 2012 | Read for the first time and referred to the House of Representatives committee on Ways and Means Education |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | HB182 Alabama 2012 Session - Introduced |