SB32 Alabama 2015 2nd Special Session
In Committee
Bill Summary
Sponsors
Session
Second Special Session 2015
Title
Gulf Coast Sand Restoration Trust Fund, created, administration by the Department of Conservation and Natural Resources, distribution of interest earned
Description
<p class="bill_description"> This bill would create the Alabama Gulf
Coast Sand Restoration Trust Fund to be
administered by the Department of Conservation and
Natural Resources</p><p class="bill_description">
This bill would require that funds received
by the state derived from the sale of certain sand
in Alabama waters would be deposited into the trust
fund and would provide for the distribution of
interest to Mobile County for the maintenance and
preservation of waterways and beaches</p><p class="bill_entitled_an_act"> To create the Alabama Gulf Coast Sand Restoration
Trust Fund; to provide for administration of the fund; to
authorize investment of funds; to specify distribution of
interest earned; and to specify that funds would not revert to
the General Fund or any other fund.
</p>
Subjects
Water and Waterways
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| September 9, 2015 | S | 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 | SB32 Alabama 2015 2nd Special Session - Introduced |