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16-13-281
Section 16-13-281 Average salaries to match national average; funding; compliance. (a)
The average salary of Alabama teachers, including the State Minimum Salary Schedule, local
salary supplementals, state incentive pay such as National Board of Professional Teaching
Standards certification, and any other salary compensation paid to Alabama teachers, shall
be increased to the national average for teacher salaries as provided in this article. Beginning
in the fiscal year 2001-2002, and continuing each fiscal year thereafter until such time as
the Alabama teacher salary average has reached the national average for teacher salaries,
there shall be allocated 41.15 percent of the growth in the Education Trust Fund for teacher
salaries. The 41.15 percent of the growth shall not apply to any future new revenue source
to the Education Trust Fund, including any revenue generated from an increase in the rate
or a substantial change in the base of existing revenue sources. Provided, however, an...
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36-18-51
Section 36-18-51 Establishment of fund; management of money. (a) There is hereby established
a special fund in the State Treasury, to be known as the Alabama Chemical Testing Training
and Equipment Trust Fund. (b) The State Treasurer shall invest money in the fund as is provided
by law but all earnings from the fund shall be credited to the fund. Money in the fund at
the end of the fiscal year shall remain in the fund, and shall not revert to the General Fund.
However, no funds shall be withdrawn or expended except as budgeted and allotted according
to law and only in the amounts authorized by the Legislature in the general appropriation
bill or other appropriation bills. (Acts 1995, No. 95-784, p. 1862, §3.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-18-51.htm - 1K - Match Info - Similar pages
41-10-27.2
Section 41-10-27.2 Appropriation of funds for payment of industrial development site
grants. Beginning in the fiscal year ending September 30, 2006, the Legislature shall annually
appropriate an amount up to $2,000,000 from the Capital Improvement Trust Fund to the State
Industrial Development Authority for the purpose of paying industrial development site grants.
The bond commission established by Amendment 666 of the Constitution of Alabama of 1901, now
appearing as Section 210.04, of the Official Recompilation of the Constitution of Alabama
of 1901, as amended, shall consult with the State Industrial Development Authority and recommend
to the Legislature the actual amount of the annual appropriation. (Act 2006-417, p. 1033,
§2; Act 2007-300, p. 546, §2.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-10-27.2.htm - 1K - Match Info - Similar pages
41-10-757
Section 41-10-757 Disposition of proceeds of bonds. (a) The authority is authorized
and empowered to apply the proceeds of any bonds and any other funds belonging to the authority
for any of the following purposes or uses: (1) For the purposes for which the bonds were authorized
to be issued, in the following order: a. To repay the General Fund Rainy Day Account for the
$161,565,874 transferred to the State General Fund in fiscal year 2010 pursuant to Amendment
803 to the Constitution of Alabama of 1901. b. To repay a total of $238,434,126 to the Alabama
Trust Fund for amounts transferred to the State General Fund in fiscal years 2013, 2014, and
2015 pursuant to Section 4 of Amendment 856 to the Constitution of Alabama of 1901.
c. To provide one hundred twenty million dollars ($120,000,000) to the Alabama Medicaid Agency
to be distributed fifteen million dollars ($15,000,000) in fiscal year 2017 and one hundred
five million dollars ($105,000,000) in fiscal year 2018. The Alabama...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-10-757.htm - 3K - Match Info - Similar pages
22-27-18
Section 22-27-18 Solid Waste Fund; Alabama Recycling Fund. (a) There are established
separate special revenue trust funds in the State Treasury to be known as the Solid Waste
Fund (SWF) and the Alabama Recycling Fund (ARF). These funds shall be used for the purposes
set forth in this article and for no other governmental purposes, nor shall any portion hereof
ever be available to borrow from by any branch of government, it being the intent of the Legislature
that these funds and their increments shall remain intact and inviolate for the purposes set
out in this article. Any interest or earnings on the funds shall be credited only to the funds.
(b) The funds shall be audited annually by the Department of Examiners of Public Accounts.
(c) No funds shall be withdrawn or expended from the funds created in subdivision (a) except
as budgeted and allotted according to Sections 41-4-80 to 41-4-96, inclusive, and 41-19-1
to 41-19-12, inclusive, and only in amounts as stipulated in the general...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-27-18.htm - 1K - Match Info - Similar pages
16-25-62
Section 16-25-62 Appropriation; funding for benefits. (a) There is hereby appropriated
from the Education Trust Fund to the Teachers' Retirement System of Alabama $13,878,629.00
for the fiscal year beginning October 1, 1990. In addition to the appropriation provided herein
any available amounts from the existing funds of the Teachers' Retirement System which may
be expended without increasing the unfunded accrued liability of the Teachers' Retirement
System, as determined by the system's actuary, or any other appropriation to the Teachers'
Retirement System for the fiscal year beginning October 1, 1990, may be allocated and expended
by the Secretary-Treasurer to partially fund the benefits provided herein for the fiscal year
beginning October 1, 1990. In the event that funding from the Teachers' Retirement System
is utilized to fund a portion of the benefits provided herein for the fiscal year beginning
October 1, 1990 and in the further event that unencumbered funds shall be available...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-25-62.htm - 2K - Match Info - Similar pages
16-44A-55
Section 16-44A-55 Administration of public funds. The following public funds shall be
administered by the trust for the support of the Alabama Veterans Living Legacy: (1) Net proceeds
derived from this or any other legislative act and specifically earmarked or designated for
the Veterans Living Legacy. (2) Appropriations, if any, made from the State General Fund or
the State Education Trust Fund for the Veterans Living Legacy, by annual or supplemental appropriation
acts. (3) Any support for the Veterans Living Legacy provided by a public contract entered
into with the trust by any state institution, agency, or department, or any political subdivision
of the state, any of which is hereby authorized. (4) Support of the Alabama Veterans Living
Legacy provided by a grant or appropriation from the United States government. (Act 2008-551,
p. 1198, §6.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-44A-55.htm - 1K - Match Info - Similar pages
24-1A-43
Section 24-1A-43 Mortgage guarantee fund; fee; payment warrants; reimbursements; depletion
of fund. (a) There is hereby established a mortgage guarantee fund to be held in the State
Treasury and to be administered by the Alabama Housing Finance Authority that will be available
to reimburse foreclosure losses, if any, that arise with respect to a qualified mortgage loan
under the Alabama Home Buyers Initiative. There is appropriated from the Alabama Capital Improvement
Trust Fund to the guarantee fund a total of six million dollars ($6,000,000) for the fiscal
year ending September 30, 2009. This appropriation shall be irrevocably deposited in the guarantee
fund within ten days after this act becomes effective. Pursuant to Section VII of Amendment
666 to the Constitution of Alabama 1901, the Legislature finds that it is advisable and necessary
to make this appropriation to the guarantee fund which is in excess of the amount contained
in the Governor's certification of the amount of funds...
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44-1-92
Section 44-1-92 THIS SECTION WAS ASSIGNED BY THE CODE COMMISSIONER. THIS SECTION
HAS NOT BEEN CODIFIED BY THE LEGISLATURE. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT. (a)
There is hereby created the Department of Youth Services Capital Improvement Trust Fund and
the Youth Services Capital Improvement Trust Fund Income Account as separate funds in the
state treasury. Any unexpended or unencumbered balances in the funds shall not revert at the
end of each fiscal year, but shall remain in the funds and may be carried over into each succeeding
fiscal year. Any income earned on the trust income account shall accrue to the fund. The funds
shall be administered by the State Treasurer, which shall be entitled to a reasonable fee
for the administration. All investments shall be made pursuant to the same authority and restrictions
that apply to the investment of State funds. (b) Funding to the Department of Youth Services
Capital Improvement Trust Fund shall consist of funds resulting from the...
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12-15-508
Section 12-15-508 State Multiple Needs Children Fund established; use; limitations;
accounting system to be maintained; provisions for yearly audit. (a) There is established
in the State Treasury a fund to be known as the State Multiple Needs Children Fund which shall
be administered by the agency designated by the Executive Council of the State Team. This
fund shall consist of all moneys appropriated for these purposes from the State General Fund
, the Alabama Education Trust Fund, or the Children First Trust Fund, donations, grants, bequests,
loans, or any other sources, either public or private, relating to providing services for
children identified as multiple needs children. (b) The State Multiple Needs Children Fund
shall be used to provide services not otherwise provided by state departments or agencies
for multiple needs children. Administrative costs connected with the expenditures of state
multiple needs children funds shall not exceed a percentage amount established by the...
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