SB61 Alabama 2021 Session

Updated May 18, 2021

SB61 Alabama 2021 Session

Senate Bill

Enacted

Current Status

Regular Session 2021

Session

1

Sponsor

Summary

Primary Sponsor: Donnie Chesteen Senator
Republican
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: This bill is the Education Retirees' Trust Fund Funding Act of 2021.
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.
Subjects: Education Retirees' Trust Fund Funding Act

Bill Actions

Assigned Act No. 2021-464.

Signature Requested

Enrolled

Passed Second House

Motion to Read a Third Time and Pass adopted Roll Call 1156

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 Ways and Means Education

Engrossed

Motion to Read a Third Time and Pass adopted Roll Call 670

Chesteen motion to Adopt adopted Roll Call 669

Finance and Taxation Education Amendment Offered

Third Reading Passed

Reported from Finance and Taxation Education as Favorable with 1 amendment

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

Bill Text

Download Enrolled PDF

Votes

Yes 28

Absent 6

Yes 29

Absent 5

Yes 23

No 2

Absent 9

Yes 96

Abstained 2

Absent 5

Yes 101

Abstained 1

Absent 1

Documents

Bill Text (Enrolled) SB61 Alabama 2021 Session - Enrolled

Bill Text (Engrossed) SB61 Alabama 2021 Session - Engrossed

Bill Text (Introduced) SB61 Alabama 2021 Session - Introduced

Source: Alabama Legislature