SB406 Alabama 2012 Session
In Committee
Bill Summary
Sponsors
Session
Regular Session 2012
Title
Penny Trust Fund (PTF), Comptroller authorized to transmit funds from PTF to State Board of Education, Secs. 41-15A-2, 41-15A-6 am'd
Description
<p class="bill_description"> This bill would amend Section 41-15A-2 of
the Code of Alabama 1975, to authorize the
Comptroller to transmit funds from the Penny Trust
Fund to the Department of Public Health upon the
application of the State Health Officer and to the
State Board of Education upon the application of
the State Superintendent of Education; would
clarify uses of the funds; would appropriate
earnings from the Penny Trust Fund for the purposes
authorized by Amendment 512 of the Constitution of
Alabama of 1901; and would amend Section 41-15A-6
of the Code of Alabama 1975, to define earnings and
to modify the duties of the Board of Control of the
Penny Trust Fund</p><p class="bill_entitled_an_act"> To amend Sections 41-15A-2 and 41-15A-6, Code of
Alabama 1975, relating to the Penny Trust Fund; to authorize
the Comptroller to transmit funds from the Penny Trust Fund to
the Department of Public Health upon the application of the
State Health Officer and to the State Board of Education upon
the application of the State Superintendent of Education; to
clarify uses of the funds; to appropriate earnings from the
Penny Trust Fund for the purposes authorized by Amendment 512
of the Constitution of Alabama of 1901; and to define earnings
and to modify the duties of the Board of Control of the Penny
Trust Fund.
</p>
Subjects
Education, State Board
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| May 9, 2012 | Indefinitely Postponed | |
| April 19, 2012 | Read for the second time and placed on the calendar | |
| March 15, 2012 | Read for the first time and referred to the Senate committee on Finance and Taxation General Fund |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | SB406 Alabama 2012 Session - Introduced |