SB159 Alabama 2012 Session
Summary
- Primary Sponsor
-
Tammy IronsDemocrat - 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 Sess., repealed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
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.
This bill would reenact Section 40-1-32.1, Code of Alabama 1975, providing for the Education Trust Fund Proration Account.
- Subjects
- Education Trust Fund
Bill Actions
Read for the first time and referred to the Senate committee on Finance and Taxation Education
Bill Text
Documents
Source: Alabama Legislature