House Ways and Means General Fund (House) Hearing
Room 617 at 10:30:00

SB69 shifts and increases funding for child-focused programs by appropriating funds from the Children First Trust Fund and tobacco settlement revenues for FY2025, with new rules on how those funds are deposited, allocated, and overseen.
It appropriates 39,531,128 from the Children First Trust Fund for FY2025 to designated agencies under Section 41-15B-2.2. It requires tobacco settlement revenues to be deposited into the Children First Trust Fund within 30 days, notifies agencies of anticipated allocations, and makes quarterly, revenue-based allocations that are conditioned on tobacco receipts and spent according to a plan of investment. It transfers the portion of Children First Fund receipts currently allocated for the State Board of Education to the State General Fund for FY2025, and appropriates 49,596,888 from other tobacco settlement funds to specific agencies, with additional tobacco revenue possibly appropriated conditionally with Governor approval and oversight. It also requires a plan of investment with quality assurance items, standard measurements, and reporting, and directs funds to meet the most immediate needs of children, with supervisory reporting to legislative committees.
Enacted
Enacted
Delivered to Governor
Enrolled
Signature Requested
Ready to Enroll
Motion to Read a Third Time and Pass - Adopted Roll Call 1077
Third Reading in Second House
Read for the Second Time and placed on the Calendar
Reported Out of Committee Second House
Pending House Ways and Means General Fund
Read for the first time and referred to the House Committee on Ways and Means General Fund
Motion to Read a Third Time and Pass - Adopted Roll Call 475
Third Reading in House of Origin
Read for the Second Time and placed on the Calendar
Reported Out of Committee House of Origin
Pending Senate Finance and Taxation General Fund
Read for the first time and referred to the Senate Committee on Finance and Taxation General Fund
Room 617 at 10:30:00
Finance and Taxation at 10:00:00
Source: Alabama Legislature