SB61 Alabama 2021 Session
Signed by Governor
Bill Summary
Sponsors
Session
Regular Session 2021
Title
Education Retirees' Trust Fund Funding Act, Education Retirees Trust Fund created in State Treasury as permanent trust to fund periodic bonus checks for education retirees, duties of TRS Board of Control specified
Description
<p class="bill_description"> This bill is the Education Retirees' Trust
Fund Funding Act of 2021</p><p class="bill_description">
This bill would establish a separate fund in
the State Treasury known as the Education Retirees'
Trust Fund, to serve as a permanent trust and as an
investment account for the earnings and funds
received for the purpose of periodic bonus checks</p><p class="bill_entitled_an_act"> To create the Education Retirees' Trust Fund Funding
Act of 2021; to establish a separate fund in the State
Treasury known as the Education Retirees' Trust Fund for the
purpose of establishing a permanent trust and investment
account for the funds and earnings received to provide
education retirees with periodic bonus checks.
</p>
Subjects
Education Retirees' Trust Fund Funding Act
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| May 6, 2021 | S | Assigned Act No. 2021-464. |
| May 6, 2021 | H | Signature Requested |
| May 6, 2021 | S | Enrolled |
| May 6, 2021 | S | Passed Second House |
| May 6, 2021 | H | Motion to Read a Third Time and Pass adopted Roll Call 1156 |
| May 6, 2021 | H | Third Reading Passed |
| April 29, 2021 | H | Read for the second time and placed on the calendar |
| March 18, 2021 | H | Read for the first time and referred to the House of Representatives committee on Ways and Means Education |
| March 18, 2021 | S | Engrossed |
| March 18, 2021 | S | Motion to Read a Third Time and Pass adopted Roll Call 670 |
| March 18, 2021 | S | Chesteen motion to Adopt adopted Roll Call 669 |
| March 18, 2021 | S | Finance and Taxation Education Amendment Offered |
| March 18, 2021 | S | Third Reading Passed |
| March 16, 2021 | S | Reported from Finance and Taxation Education as Favorable with 1 amendment |
| February 2, 2021 | S | Read for the first time and referred to the Senate committee on Finance and Taxation Education |
Bill Calendar
| Type | Date | Location | Description |
|---|---|---|---|
| Hearing | April 28, 2021 | Room 200 at 08:00 | House W&ME Hearing |
| Hearing | March 16, 2021 | ROOM 825 **Notice Date/Time** at 13:00 | Senate F&TE Hearing |
| Hearing | March 10, 2021 | ROOM 825 **BILL ADDED** at 09:30 | Senate F&TE Hearing |
Bill Text
Bill Votes
Bill Documents
| Type | Link |
|---|---|
| Bill Text | SB61 Alabama 2021 Session - Introduced |
| Bill Text | SB61 Alabama 2021 Session - Engrossed |
| Bill Text | SB61 Alabama 2021 Session - Enrolled |
| Bill Amendments | Senate Finance and Taxation Education first Amendment Offered |
| Fiscal Note | Fiscal Note - SB29 for Governmental Affairs |
| Fiscal Note | Fiscal Note - SB61 for Finance and Taxation Education |
| Fiscal Note | Fiscal Note - SB61 for Finance and Taxation Education |
| Fiscal Note | Fiscal Note - SB61 for Ways and Means Education |