Skip to main content

SB580 Alabama 2012 Session

Updated Jul 25, 2021
SB580 Alabama 2012 Session
Senate Bill
In Committee
Current Status
Regular Session 2012
Session
8
Sponsors

Summary

Primary Sponsor
Tammy Irons
Democrat
Session
Regular Session 2012
Title
Education Trust Fund (ETF), transfer of certain funds to State General Fund and to provide for repayment to the ETF, Sec. 29-9-2, 29-9-3 am'd
Description

This bill would establish an in lieu of payment based on amounts exceeding amounts appropriated from the Education Trust Fund pursuant to Act 2007-361, 2007 Regular Session, which would otherwise be required for repayment of the Education Trust Fund Rainy Day Account. The in lieu of payment would be used for the benefit of the State General 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

Documents

Source: Alabama Legislature