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41-10-768
Section 41-10-768 Legislative intent. It is the intent of the Legislature that payments
allocated in Section 41-10-757 to the Alabama Trust Fund for the purpose of repaying
amounts transferred to the State General Fund pursuant to Section 4 of Amendment 856
to the Constitution of Alabama of 1901 shall be in lieu of the fiscal year 2017 State General
Fund appropriation of $20,000,000 to the Alabama Trust Fund Board for the same purpose as
provided in Act 2016-116 and that such $20,000,000 be used instead to release a portion of
the conditional appropriation to the Medicaid Agency contained in Act 2016-116. (Act 2016-469,
1st Sp Sess., §19.)...
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40-26B-78
Section 40-26B-78 Certified public expenditure accounting. (a) Medicaid shall account
for those federal funds derived from certified public expenditures by publicly and state-owned
hospitals as those funds are received by Medicaid from the federal government. (b) The certified
public expenditure accounting shall be separate and distinct from the state General Fund appropriation
accounting. (c) Federal moneys accounted for shall not be used to replace other state General
Fund revenues appropriated and funded by the Legislature or other revenues used to support
Medicaid. (d) The moneys obtained by Medicaid from hospital certified public expenditure certifications
shall be used only as follows: (1) To make disproportionate share hospital payments under
this article; (2) To reimburse moneys collected by the department through error or mistake
under this article; or (3) For any other permissible purpose allowed under Title XIX of the
Social Security Act. (Act 2009-549, p. 1454, §2; Act...
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16-39-32
Section 16-39-32 Use of funds. All funds appropriated as a result of this article and
funds obtained through donations, bequests, other forms of financial assistance, and accrued
interest in the investment of all funds that are to be used to fund services for exceptional
children with disabilities. All unencumbered funds remaining in the Catastrophic Trust Fund
for Special Education at the end of each fiscal year shall carry-over to the next succeeding
fiscal year for use in the Catastrophic Trust Fund for Special Education. (Acts 1991, No.
91-594, p. 1097, §3.)...
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22-6-195
Section 22-6-195 Privilege assessment - Payment; disposition of funds. (a) The assessment
imposed by this article shall be due and payable to the department on or before the twentieth
day of the month next succeeding the month in which the assessment accrues and, when collected,
shall be paid by the department into the State Treasury. Payment by United States mail shall
be timely if mailed in accordance with Section 40-1-45. When paid into the State Treasury,
all such taxes shall be deposited to the credit of the Alabama Health Care Trust Fund or any
successor fund administered by or on behalf of the Medicaid Agency. (b) The receipts from
the assessment levied in this article shall be solely available for appropriation by the Legislature
to the Medicaid Agency for use by the agency in accomplishing the purposes of this article.
(Act 2014-126, p. 236, §6.)...
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41-10-516
Section 41-10-516 Special funds. For the purpose of providing funds for the payment
of the principal of and interest on the bonds issued by the authority under the provisions
of this article, there is hereby created and irrevocably pledged to the payment of such obligations
a special and continuing trust fund which shall consist of all receipts and income from rents
contracted for and received by the authority under leases of the facility or facilities constructed
with the proceeds from the sale of the bonds. There shall be created within said special and
continuing trust fund a reserve fund account of said authority in the State Treasury in which
shall be placed as trust fund and held separate and apart from all other moneys of the state
or of the authority, (1) any moneys left after the completion of the facility and the payment
of all costs in connection therewith and in connection with the issuance of the bonds, and,
(2) all excess rentals and other surplus income from the facility...
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41-9-1039
Section 41-9-1039 Alabama Athletic Commission Fund. There is established a separate
trust fund in the State Treasury to be known as the Alabama Athletic Commission Fund. All
receipts collected by the commission shall be deposited into this fund and used only to carry
out the provisions of this article. Monies shall be disbursed only by warrant of the state
Comptroller drawn upon the State Treasury supported by itemized vouchers approved by the commission.
No funds shall be withdrawn or expended 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 appropriations act or other appropriation acts. (Act 2009-622, p.
1872, §20; Act 2010-222, p. 392, §1.)...
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16-33C-6
Section 16-33C-6 PACT Program generally. (a) The PACT Program is established as one
college savings alternative under the plan whereby purchasers enter into PACT contracts for
the future payment of tuition and mandatory fees at eligible educational institutions. The
PACT Program includes the PACT Trust Fund and the PACT Administrative Fund created pursuant
to this chapter. (b) The official location of the trust fund shall be the State Treasurer's
office, and the facilities of the State Treasurer shall be used and employed in the administration
of the fund including, but without limitation thereto, the keeping of records, the management
of bank accounts and other investments, the transfer of funds, and the safekeeping of securities
evidencing investments. The PACT Trust Fund is hereby created as the source for payment of
the PACT Program's obligations under PACT contracts. The amounts on deposit in the PACT Trust
Fund shall not constitute property of the state, and the state may have no...
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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...
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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...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/29-9-4.htm - 3K - Match Info - Similar pages
41-10-64
Section 41-10-64 Special and continuing trust fund for payment of principal and interest
on bonds of authority and maintenance, etc., of facilities thereof. For the purpose of providing
funds for the payment of the costs and expenses necessary to accomplish the purpose of this
authority and for the payment of the principal of and interest on any bonds issued by the
authority under the provisions of this article, there is hereby created and irrevocably pledged
to the payment of such obligations a special and continuing trust fund which shall consist
of all revenues, receipts and income from rents contracted for and received by the authority
and all revenues, receipts and income received by the authority from any other source whatsoever.
There shall be created within said special and continuing trust fund a reserve fund account
of said authority in the State Treasury, in which shall be placed as a trust fund and held
separate and apart from all other moneys of the state or of the...
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