SB331 Alabama 2022 Session
Signed by Governor
Bill Summary
Sponsors
Session
Regular Session 2022
Title
Education Trust Fund Rolling Reserve Act, to clarify current practices, delete obsolete provisions, and modify certain transfer dates to improve cash flow for the Education Trust Fund, Secs. 29-9-2, 29-9-3, 29-9-4, 29-9-6 am'd.
Description
<p class="bill_description"> This bill amends the Education Trust Fund
Rolling Reserve Act of 2011 to clarify current
practices for the determination of the annual
appropriation cap, for the disposition of revenues
received in excess of the cap, and for the
appropriation of funds in the Education Trust Fund
Advancement and Technology Fund</p><p class="bill_description">
This bill also deletes certain obsolete
provisions and modifies certain transfer dates to
improve cash flow for the Education Trust Fund</p><p class="bill_entitled_an_act"> To amend Sections 29-9-2, 29-9-3, 29-9-4, as last
amended by Act 2022-139 of the 2022 Regular Session, and
29-9-6, Code of Alabama 1975, relating to the Education Trust
Fund Rolling Reserve Act, to clarify current practices for the
calculation of the annual appropriation cap for the
disposition of revenues in excess of the cap, and for the
appropriation of funds in the Education Trust Fund Advancement
and Technology Fund; to delete certain obsolete provisions;
and to modify certain transfer dates to improve cash flow for
the Education Trust Fund.
</p>
Subjects
Education Trust Fund Rolling Reserve Act
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| April 7, 2022 | S | Assigned Act No. 2022-358. |
| April 7, 2022 | H | Signature Requested |
| April 7, 2022 | S | Enrolled |
| April 7, 2022 | S | Passed Second House |
| April 7, 2022 | H | Motion to Read a Third Time and Pass adopted Roll Call 994 |
| April 7, 2022 | H | Garrett motion to Table adopted Roll Call 993 |
| April 7, 2022 | H | Ways and Means Education Amendment Offered |
| April 7, 2022 | H | Third Reading Passed |
| April 5, 2022 | H | Read for the second time and placed on the calendar 1 amendment |
| March 31, 2022 | H | Read for the first time and referred to the House of Representatives committee on Ways and Means Education |
| March 31, 2022 | S | Motion to Read a Third Time and Pass adopted Roll Call 870 |
| March 31, 2022 | S | Third Reading Passed |
| March 30, 2022 | S | Read for the second time and placed on the calendar |
| March 29, 2022 | 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 5, 2022 | Room 206 at 11:30 | House W&ME Hearing |
| Hearing | April 5, 2022 | Room 123 at 11:30 | House W&ME Hearing |
| Hearing | March 30, 2022 | Room 825 **Order Changed** at 10:00 | Senate F&TE Hearing |
Bill Text
Bill Votes
Bill Documents
| Type | Link |
|---|---|
| Bill Text | SB331 Alabama 2022 Session - Introduced |
| Bill Text | SB331 Alabama 2022 Session - Enrolled |
| Bill Amendments | House Ways and Means Education first Amendment Offered |
| Fiscal Note | Fiscal Note - SB331 for Finance and Taxation Education |
| Fiscal Note | Fiscal Note - SB331 for Ways and Means Education |
| Fiscal Note | Fiscal Note - SB331 for Ways and Means Education |