SB98 Alabama 2015 Session
In Committee
Bill Summary
Sponsors
Session
Regular Session 2015
Title
Education Trust Funds, repeal Education Trust Fund Rolling Reserve Act, reenact Education Trust Fund Proration Account, Sec. 40-1-32.1 reenacted; Secs. 29-9-1 to 29-9-6, inclusive, repealed
Description
This bill would repeal Sections 29-9-1 to 29-9-6, Code of Alabama 1975, 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 Sections 29-9-1 to 29-9-6, Code of Alabama 1975, 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.
Subjects
Education Trust Fund
Bill Actions
Action Date | Chamber | Action |
---|---|---|
March 3, 2015 | S | Read for the first time and referred to the Senate committee on Finance and Taxation Education |
Bill Text
Bill Documents
Type | Link |
---|---|
Bill Text | SB98 Alabama 2015 Session - Introduced |