This bill would create the Alabama Gulf Coast Sand Restoration Trust Fund to be administered by the Department of Conservation and Natural Resources
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
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.
|September 9, 2015||S||Read for the first time and referred to the Senate committee on Finance and Taxation General Fund|
|Bill Text||SB32 Alabama 2015 2nd Special Session - Introduced|