HB37 Alabama 2019 Session

Sponsors

Session

Regular Session 2019

Title

Taxation, receipts, state entities, authority to unearmark and use for other areas where funding has been reduced

Description

<p class="bill_description"> Currently, some Alabama tax and revenue statutes dedicate specific state tax receipts to be expended for specific entities for specific purposes. Excluding State General Fund and Education Trust Fund appropriations, state tax receipts that are unexpended at the conclusion of a fiscal year are generally retained by the specific entities and do not revert to the State General Fund</p><p class="bill_description"> This bill will provide for the use of a portion of the unexpended state tax receipts as defined herein for employee bonuses and transfer remaining amounts to the State General Fund</p><p class="bill_entitled_an_act"> To define state tax receipts for the purpose of this act; and to provide for the distribution and use of unexpended state tax receipts at the conclusion of each state fiscal year. </p>

Subjects

Taxation