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22-6-70
Section 22-6-70 Created. There is hereby created in the State Treasury a trust fund to be known
as the Medicaid Trust Fund. The trust fund shall be administered by a board of directors in
accordance with the provisions of this article. Funds received by the State of Alabama from
the following sources shall be deposited into the trust fund: (1) Tobacco revenues, as defined
by Section 41-10-622(9), designated by state law for the use and benefit of the Alabama Medicaid
Agency; (2) intergovernmental fund transfers received by the Alabama Medicaid Agency from
public hospitals and public nursing homes which, at the end of any fiscal year, have not been
expended or encumbered in accordance with the fiscal laws and procedures of the State of Alabama
and when the transfer to the Medicaid Trust Fund has been recommended by the Commissioner
of the Medicaid Agency and approved by the Director of Finance; and (3) any funds appropriated
to the Alabama Medicaid Agency from any source which, at the...
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41-23-193
Section 41-23-193 Creations; functions; fee. (a) The Alabama Public Transportation Trust Fund
is created in the State Treasury for the distribution of designated funds appropriated by
the Legislature or collected from grants or other sources for the purpose of increasing public
transportation options across the State of Alabama. The trust fund shall be maintained and
administered by the department. (b) The department shall do all of the following in maintaining
and administering the trust fund: (1) Invest and reinvest all money held in the trust fund
in investments under the department's investment policies. (2) Keep books and records relating
to the investment, interest earnings, and uses of monies deposited into the trust fund. (3)
Establish procedures for the withdrawal, allocation, and use of the monies held in the trust
fund for the purposes described in Section 41-23-194. (4) Publish, on an annual basis, criteria
for determining the distribution of monies from the trust fund. (5)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-23-193.htm - 3K - Match Info - Similar pages
32-2-80
Section 32-2-80 Creation; purpose. There is hereby created in the State Treasury the Public
Safety Motor Vehicle Replacement Fund of the Alabama Department of Public Safety. This fund
shall assist in providing the necessary funds to replace the Department of Public Safety law
enforcement motor vehicles. Vehicles purchased from funds appropriated from the Public Safety
Motor Vehicle Replacement Fund shall be used specifically for law enforcement purposes. None
of the funds appropriated from this fund may be expended by the department for salaries nor
for any purpose other than the purchase of law enforcement vehicles. (Acts 1995, No. 95-389,
p. 795, §1.)...
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24-10-4
Section 24-10-4 Alabama Affordable Housing Trust Fund. The Alabama Affordable Housing Trust
Fund is created in the State Treasury for the collection and distribution of designated funds
for the purpose of increasing the production of housing units, rehabilitating existing housing
units, and maintaining such housing so that it can be made affordable to individuals and families
whose incomes are at or below 60 percent of the median family income. The Alabama Housing
Trust Fund shall be administered by ADECA which shall appoint an advisory committee as prescribed
in Section 24-10-8 to advise the Director of ADECA as to program components and operations.
(Act 2012-384, p. 1015, §4.)...
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32-5A-191.2
Section 32-5A-191.2 Administration and disposition of funds in Alabama Head and Spinal Cord
Injury Trust Fund. (a) Beginning October 1, 1994, moneys in the Alabama Head and Spinal Cord
Injury Trust Fund shall be distributed to the Division of Rehabilitation Services in the State
Department of Education for the following purposes: (1) As a payer of last resort for the
costs of care provided in this state for citizens of this state who have survived neuro-trauma
with head or spinal cord injuries. Expenditures for spinal cord injury and head injury care
shall be made by the Division of Rehabilitation Services according to criteria established
by the Alabama Head and Spinal Cord Injury Trust Fund Advisory Board. Expenditures may include
but need not be limited to, post acute medical care, rehabilitation therapies, medication,
attendant care, home accessibility modification, and equipment necessary for activities of
daily living. (2) Public information, prevention education, and research...
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29-9-4
Section 29-9-4 Education Trust Fund Budget Stabilization Fund; Education Trust Fund Advancement
and Technology Fund. There is hereby created in the State Treasury an Education Trust Fund
Budget Stabilization Fund and an Education Trust Fund Advancement and Technology Fund. Any
monetary interest which accrues in the Education Trust Fund Budget Stabilization Fund shall
be retained in the fund from year to year and shall be subject only to the provisions of this
chapter. On or before November 15 of each fiscal year, if the total revenues deposited into
the Education Trust Fund during the immediately preceding fiscal year exceed the fiscal year
appropriation cap for the immediately preceding fiscal year, the excess shall be transferred
to the Education Trust Fund Rainy Day Account until the account has been repaid in full. If
the account has been repaid in full, any excess remaining shall be transferred to the Education
Trust Fund Budget Stabilization Fund and the Education Trust Fund...
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15-23-16
Section 15-23-16 Alabama Crime Victims Compensation Fund; created; purposes; composition; administered
or managed by commission. (a) There is hereby established a special fund to be known as the
Alabama Crime Victims Compensation Fund. (b) The fund shall be placed under the management
or administration of the Alabama Crime Victims Compensation Commission for purposes of providing
compensation or other benefits to crime victims and for purposes of implementing this article.
(c) The fund shall consist of all moneys collected or received by the Alabama Crime Victims
Compensation Commission from any source. (d) The commission shall have control of the funds
not inconsistent with this article and with the laws of Alabama. (e) All moneys of the commission
shall be covered into the State Treasury or deposited in a special trust account and may be
withdrawn therefrom by vouchers or check signed by the chair of the commission pursuant to
authorization given by the commissioner. All investments...
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29-9-2
Section 29-9-2 Definitions. For the purposes of this chapter, the following terms shall have
the following meanings: (1) ALABAMA TRUST FUND. The Alabama Trust Fund created by Amendment
No. 450 to the Constitution of Alabama of 1901. (2) EDUCATION TRUST FUND. An account in the
State Treasury into which are deposited certain revenues paid to the State of Alabama that
are earmarked or set aside for appropriation for public educational purposes. (3) EDUCATION
TRUST FUND RAINY DAY ACCOUNT. The special account created within the Alabama Trust Fund by
Amendment No. 803 to the Constitution of Alabama of 1901. (4) FISCAL YEAR. The fiscal year
of the State of Alabama that begins on October 1 and ends on September 30. (5) FISCAL YEAR
APPROPRIATION CAP. The maximum amount of appropriations that may be made from the Education
Trust Fund for any fiscal year pursuant to this chapter. (6) NEW RECURRING REVENUE. Revenue
of any kind or type constituting a new annual source of money that has been...
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41-10-758
Section 41-10-758 Creation of special fund. For the benefit of the State of Alabama and the
citizens thereof, there is hereby created a special fund named the BP Settlement Fund which
shall be funded with BP settlement revenues and administered in accordance with this article.
All BP settlement revenues received after September 30, 2017, shall be deposited in the special
fund upon receipt and shall be used first to pay principal, interest, and premium, if any,
and any other amounts due on or with respect to the bonds of the authority. Any BP settlement
revenues determined by the directors of the authority to be in excess of the amounts needed
for the payment of all amounts due with respect to the bonds, may be withdrawn from the special
fund and used to pay costs and expenses incident to the issuance of the bonds, including costs
and expenses incurred by the Department of Finance in the administration of the bonds, may
be transferred to and deposited in the Alabama Trust Fund or the...
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36-32-9
Section 36-32-9 Fund - Creation; acceptance and disposition of grants and appropriations. There
is hereby established and created in the Treasury of the state the Alabama Firefighters' Personnel
Standards and Education Fund. The commission may accept grants from the federal government,
its departments and agencies as well as grants and appropriations by the state, any county
or municipality or any individual, corporation or fund. All grants and appropriations to the
state for work within the functions and duties of the commission and all grants and appropriations
to the commission shall be paid into the fund. (Acts 1975, No. 863, p. 1701, §9.)...
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