HB315 Alabama 2014 Session
Bill Summary
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
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.
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| January 21, 2014 | H | 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 | HB315 Alabama 2014 Session - Introduced |