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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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11-100-4
Section 11-100-4 State assistance payments; application; procedures; determination of base
number of convention delegates; appropriations; quarterly requests; amount of payments. (a)
Any city, county, or entities or authorities thereof may apply to the State Director of Finance
for state assistance payments for any eligible facilities. The city, county, or entities or
authorities thereof shall file an initial application with the Director of Finance, which
shall be in writing and shall describe: (i) the eligible facilities; (ii) the need for said
facilities or the benefit therefrom; and (iii) the financing thereof, including the principal
and interest payments for the bonds. (b) The Director of Finance shall promptly review such
initial application and shall notify the applicant of any additional information that may
be necessary. (c) After reviewing the initial application and upon reasonable notice to the
applicant, the Director of Finance shall hold a public hearing on the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-100-4.htm - 7K - Match Info - Similar pages
23-1-434
Section 23-1-434 (This section terminates April 26, 2018, if no revenue is created.) Use of
funds by municipality; Municipal Transportation Safety Fund Plan; annual report. (a) The monies
distributed to a municipality from the fund shall be deposited in a separate fund maintained
by the municipality and expended only for one or more of the following: (1) The maintenance,
improvement, replacement, and construction of roads and bridges within a municipality's jurisdictional
limits. (2) As matching funds for federal road or bridge projects. (3) The payment of any
debt associated with a road or bridge project. (4) With the consent of the county, for the
maintenance, improvement, or replacement of county-maintained roads and bridges within the
municipality's jurisdictional limits. (5) For a joint road or bridge project with the county
pursuant to any agreement executed under the authority of state law. (b) The municipality
shall not use monies from the fund for any of the following purposes...
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27-7-1
Section 27-7-1 Definitions. For the purposes of this chapter, the following terms shall have
the meanings respectively ascribed to them by this section: (1) BUSINESS ENTITY. A corporation,
association, partnership, limited liability company, limited liability partnership, or other
legal entity. (2) COMMISSIONER. The Alabama Commissioner of Insurance. (3) HOME STATE. The
District of Columbia and any state or territory of the United States in which an insurance
producer maintains his or her principal place of residence or principal place of business
and is licensed to act as an insurance producer. (4) INSURANCE. As defined in Section 27-1-2.
(5) INSURANCE PRODUCER or PRODUCER. A person required to be licensed under the laws of this
state to sell, solicit, or negotiate insurance. (6) INSURER. As defined in Section 27-1-2.
For the purposes of this chapter, insurer shall also mean an insurance company licensed pursuant
to Chapter 3, commencing with Section 27-3-1 of this title; a health...
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41-10-550
Section 41-10-550 Appropriation and pledge of funds for authority obligations. (a) For the
purpose of providing funds to enable the authority to pay debt service referable to any bonds
issued by it, amounts due on any authority guaranties entered into by it under this division
and other obligations incurred by the authority pursuant to this division, and to pay the
costs of acquiring, operating, and maintaining any project or other property the authority
may own, acquire, or operate and to pay any other costs, expenses, or obligations of the authority,
there is irrevocably pledged to such purpose and is appropriated to the authority so much
as may be necessary therefor of the appropriated funds. All moneys hereby appropriated and
pledged shall be deposited in a special fund maintained by the State Treasurer separate and
apart from all other funds under his or her supervision, and the State Treasurer is hereby
directed to cause moneys in the special fund to be disbursed solely for the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-10-550.htm - 4K - Match Info - Similar pages
41-15B-2.2
Section 41-15B-2.2 Allocation of trust fund revenues. (a) For each fiscal year, beginning October
1, 1999, contingent upon the Children First Trust Fund receiving tobacco revenues and upon
appropriation by the Legislature, an amount of up to and including two hundred twenty-five
thousand dollars ($225,000), or equivalent percentage of the total fund, shall be designated
for the administration of the fund by the council and the Commissioner of Children's Affairs.
(b) For the each fiscal year, beginning October 1, 1999, contingent upon the Children First
Trust Fund receiving tobacco revenues, the remainder of the Children First Trust Fund, in
the amounts provided for in Section 41-15B-2.1, shall be allocated as follows: (1) Ten percent
of the fund shall be allocated to the Department of Public Health for distribution to one
or more of the following: a. The Children's Health Insurance Program. b. Programs for tobacco
control among children with the purpose being to reduce the consumption...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-15B-2.2.htm - 22K - Match Info - Similar pages
11-99-2
Section 11-99-2 Definitions. As used in this chapter: (1) BLIGHTED OR ECONOMICALLY DISTRESSED
AREA: a. An area in which the structures, buildings, or improvements, by reason of dilapidation,
deterioration, age, or obsolescence, inadequate provision for ventilation, light, air, sanitation,
or open spaces, high density of population and overcrowding, or the existence of conditions
which endanger life or property by fire and other causes, or any combination of such factors,
are conducive to ill health, transmission of disease, infant mortality, juvenile delinquency,
or crime, and are detrimental to the public health, safety, morals, or welfare, or b. Any
area which by reason of the presence of a substantial number of substandard, slum, deteriorated,
or deteriorating structures, predominance of defective or inadequate street layout, faulty
lot layout in relation to size, adequacy, accessibility, or usefulness, unsanitary or unsafe
conditions, deterioration of site or other improvements,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-99-2.htm - 12K - Match Info - Similar pages
12-15-505
Section 12-15-505 State Team established; membership; term; duties; hiring authority. (a) The
State Team is created and shall consist of a representative appointed by the head of the following
departments, agencies, or organizations: The Department of Education, the Department of Human
Resources, the Department of Mental Health, the Department of Public Health, the Department
of Youth Services, and the Alabama Chief Probation Officers Association. (b) The appointments
to the State Team shall be for a term of three years beginning October 1, 1993, and each three
years thereafter and until their successors are appointed, except that the initial appointments
of the representatives of the Department of Human Resources and the Department of Mental Health
shall be for three years; the initial appointments of the representatives of the Department
of Education and the Department of Youth Services shall be for two years; and the initial
appointments of representatives of the Department of...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/12-15-505.htm - 4K - Match Info - Similar pages
16-33B-4
Section 16-33B-4 Basic powers and duties of the Alabama Commission on Higher Education for
the Alabama Guaranteed Student Loan Program. (a) Basic powers. The Alabama Commission on Higher
Education (ACHE) is authorized to administer the Alabama Guaranteed Student Loan Program in
accordance with the Federal Student Loan Law, and empowered to promulgate such rules, regulations,
policies, and procedures as may be reasonable and proper in order to carry out the provisions
and purposes of this chapter. Without limiting the generality of the foregoing, the ACHE is
authorized and empowered: (1) To establish regulations deemed necessary to comply with federal
regulations and legislation relative to guaranteed student loans and the Federal Student Loan
Law. (2) To establish eligibility criteria for participating postsecondary educational institutions.
(3) To establish reasonable eligibility criteria for the initial and continuing participation
of approved lenders in the student loan program. (4)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-33B-4.htm - 10K - Match Info - Similar pages
16-60-115
Section 16-60-115 Adult Education, State Approving Agency, and Private School Licensure programs.
(a) All powers, duties, responsibilities, and functions of, and all related records, property,
equipment of, and all rights, obligations of, and unexpended balances of appropriations including
federal and other funds or allocations for the fiscal year ending September 30, 2002, of the
Adult Education program, the State Approving Agency program, and the Private School Licensure
program for postsecondary proprietary schools of the State Department of Education shall be
transferred by the State Board of Education to the Postsecondary Education Department. Commencing
on May 12, 2015, all authority vested in the Postsecondary Education Department pursuant to
this subsection shall be transferred from the Postsecondary Education Department to the Alabama
Community College System pursuant to Section 16-60-110.1. (b) All funds appropriated to the
State Department of Education for the fiscal year...
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