Code of Alabama |
Match Context and Document information |
URL: | http://alisondb.legislature.state.al.us/alison/CodeOfAlabama /1975/29-9-2.1.htm |
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Depth: | 0 singles |
Size: | 917 bytes |
Modified: | 2013-06-17 15:34:18 |
Categories: | -None- |
Title: | 29-9-2.1 |
Description: | -None- |
Keywords: | -None- |
Meta data: | -None- |
Body: | Section 29-9-2.1 New recurring revenue. For purposes of this chapter cited as "The Education Trust Fund Rolling Reserve Act", and notwithstanding the provisions of Section 29-9-3(b)(4), the funds received by the Education Trust Fund under Act 2012-427 after September 30, 2012 totals $10,000,000 and shall be considered "New Recurring Revenue" as defined by Section 29-9-2 and be available for appropriation in FY 2013 because they will be deposited into the Education Trust Fund in FY 2013 for the first time due to a change in statute rather than by a Department of Revenue rule. (Act 2012-427, p. 1163, ยง3.) |