HB94 Alabama 2013 Session
Signed by Governor
Bill Summary
Sponsors
Session
Regular Session 2013
Title
Alabama Trust Fund, transfers to State General Fund pursuant to const. amend., repayment within certain time frame, appropriation, People's Trust Act
Description
<p class="bill_description"> Under Amendment 856 to the Constitution of
Alabama of 1901, $145,796,943 will be transferred
from the Alabama Trust Fund to the State General
Fund each year over three fiscal years beginning
with the fiscal year ending September 30, 2013, and
concluding with the fiscal year ending September
30, 2015. The amendment does not require the
transferred funds to be repaid</p><p class="bill_description">
This bill would enact The People's Trust
Act, which would require the Legislature to repay
all amounts transferred from the Alabama Trust Fund
under Amendment 856 by not later than September 30,
2026, and would provide for the minimum cumulative
amounts that must be repaid at the end of each
fiscal year between the fiscal year ending
September 30, 2014, and the fiscal year ending
September 30, 2026</p><p class="bill_entitled_an_act"> To require the Legislature to repay all amounts
transferred from the Alabama Trust Fund to the State General
Fund pursuant to Amendment 856 to the Constitution of Alabama
of 1901 by not later than September 30, 2026; and to provide
for the minimum cumulative amounts that must be repaid at the
end of each fiscal year between the fiscal year ending
September 30, 2014, and the fiscal year ending September 30,
2026.
</p>
Subjects
Appropriations
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| February 19, 2013 | H | Assigned Act No. 2013-6. |
| February 19, 2013 | H | Delivered to Governor on February 19, 2013 at 2:15 p.m. |
| February 19, 2013 | H | Clerk of the House Certification |
| February 19, 2013 | H | Enrolled |
| February 19, 2013 | S | Signature Requested |
| February 19, 2013 | S | Concurred in Second House Amendment |
| February 19, 2013 | H | Love motion to Concur In and Adopt adopted Roll Call 40 |
| February 19, 2013 | H | Concurrence Requested |
| February 14, 2013 | S | Motion to Read a Third Time and Pass adopted Roll Call 80 |
| February 14, 2013 | S | Rules Petition to Cease Debate adopted Roll Call 79 |
| February 14, 2013 | S | Taylor motion to Adopt adopted Roll Call 78 |
| February 14, 2013 | S | Fiscal Responsibility and Accountability Amendment Offered |
| February 14, 2013 | S | Third Reading Passed |
| February 12, 2013 | S | Read for the second time and placed on the calendar 1 amendment |
| February 7, 2013 | S | Read for the first time and referred to the Senate committee on Fiscal Responsibility and Accountability |
| February 7, 2013 | H | Coleman-Evans intended to vote Nay |
| February 7, 2013 | H | Motion to Read a Third Time and Pass adopted Roll Call 8 |
| February 7, 2013 | H | Love motion to Table adopted Roll Call 7 |
| February 7, 2013 | H | Hubbard (J) first Substitute Offered |
| February 7, 2013 | H | Third Reading Passed |
| February 6, 2013 | H | Read for the second time and placed on the calendar |
| February 5, 2013 | H | Read for the first time and referred to the House of Representatives committee on Ways and Means General Fund |
Bill Text
Bill Votes
Bill Documents
| Type | Link |
|---|---|
| Bill Text | HB94 Alabama 2013 Session - Introduced |
| Bill Text | HB94 Alabama 2013 Session - Enrolled |