SB424 Alabama 2015 Session

Updated Jul 24, 2021

Summary

Primary Sponsor: Paul Sanford
Republican
Session: Regular Session 2015
Title: Alabama Recurring Revenue Fund, established, to receive certain percentages of recurring revenue sources of the Education Trust Fund and the State General Fund
Description: This bill provides for the establishment of the Alabama Recurring Revenue Fund and provides for the distribution of the proceeds of the recurring revenue sources of the Education Trust Fund and the State General Fund initially into this fund to be allocated to the Education Trust Fund and the State General Fund based upon the percentages established in this bill.
Subjects: Appropriations

Read for the first time and referred to the Senate committee on Finance and Taxation Education