This bill directs how Morgan County will receive leftover TVA in-lieu-of-taxes funds, sending up to $330,000 annually to the Community Foundation of Greater Decatur to distribute to local Senate and House districts by population, with any remaining money going to the county's legislative delegation, and it confirms prior related payments.
It specifies the distribution of remaining proceeds from TVA in-lieu-of-taxes to Morgan County for fiscal years 2018 through 2021. Up to $330,000 each year will go to the Community Foundation of Greater Decatur to allocate to the county's Senate and House districts based on district population. The Community Foundation has sole discretion over how the money is spent, and any leftover funds after the annual distribution go to the Morgan County legislative delegation office. The act also ratifies payments made under a prior act (Act 2014-109) and takes effect immediately.
Read for the first time and referred to the Senate committee on Local Legislation
Motion to Read a Third Time and Pass adopted Roll Call 1061
Third Reading Passed
Read for the second time and placed on the calendar
Read for the first time and referred to the House of Representatives committee on Local Legislation
Source: Alabama Legislature