24-7A-2
Section 24-7A-2 Establishment of authority. There is created and established an Indian housing
authority for the jurisdiction of the State of Alabama, to be styled the Alabama Indian Housing
Authority. Its purpose shall be to provide safe and decent dwelling places for low-income
persons and families in Indian areas. The authority shall consist of five members who shall
be appointed by the commission from nominations submitted to the commission from the tribal
councils of the following tribal governments: (1) Cherokees of Southeast Alabama. (2) Cherokees
of Northeast Alabama. (3) Echota Cherokees. (4) Machis Creeks. (5) Star Clan of Muscogee (Creeks).
No person shall be barred from serving as a member of the authority because the person is
a tenant or home buyer in a tribal housing project. Members of the authority shall serve a
term of three years from their appointment, and may serve an unlimited number of terms. In
the event of a vacancy on the authority, the commission shall...
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29-10-1
Section 29-10-1 Repayment schedule; reports. (a) This section shall be known and may be cited
as The People's Trust Act. (b)(1) Notwithstanding any other provision of law to the contrary,
the Legislature shall provide for the repayment of all funds transferred from the Alabama
Trust Fund to the State General Fund pursuant to Amendment 856 to the Constitution of Alabama
of 1901. All funds borrowed pursuant to this amendment shall be repaid to the Alabama Trust
Fund by not later than September 30, 2033. (2) The total annual amount repaid pursuant to
this section shall not be less than the following amounts on the following dates: a. September
30, 2014: $5,000,000. b. September 30, 2015: $10,000,000. c. September 30, 2017: $238,434,126.
d. September 30, 2020: $13,500,000. e. September 30, 2021: $13,500,000. f. September 30, 2022:
$13,500,000. g. September 30, 2023: $13,500,000. h. September 30, 2024: $13,500,000. i. September
30, 2025: $13,500,000. j. September 30, 2026: $13,500,000. k....
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32-2-11
Section 32-2-11 Alabama Bureau of Investigation Cost of Evidence Fund. (a) There is hereby
established a separate fund in the State Treasury, the "Alabama Bureau of Investigation
Cost of Evidence Fund." Distributions may be made from this fund by the State Comptroller
only to the Alabama Department of Public Safety and only upon presentation to the Comptroller
by the Director of the Department of Public Safety of proper documentation that the requested
distribution from the fund is for the use of the Alabama Bureau of Investigation for the procurement
of evidence to aid in the criminal enforcement of the laws of this state. (b) Any funds withdrawn
from the fund which are not expended for the purposes authorized in subsection (a) or which
are, after expenditure for such purposes, recovered by or reimbursed to the Department of
Public Safety, shall be returned to the state Comptroller for deposit to the Alabama Bureau
of Investigation Cost of Evidence Fund. (c) Beginning with the...
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34-25A-10
Section 34-25A-10 Alabama State Board of Orthotists and Prosthetists Fund. There is established
a separate special revenue trust fund in the State Treasury to be known as the Alabama State
Board of Orthotists and Prosthetists Fund. All receipts and administrative fines collected
by the board pursuant to this chapter shall be deposited in the fund and used only to implement
and administer this chapter. The receipts shall be disbursed only by warrant of the state
Comptroller, upon itemized vouchers approved by the executive director, if one is provided,
otherwise by the chairperson of the board. Funds shall be withdrawn or expended pursuant 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 bill or other appropriations bills. (Act 2002-527,
p. 1376, §10.)...
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34-34A-8
Section 34-34A-8 Special revenue trust fund. There is hereby established a separate special
revenue trust fund in the State Treasury to be known as the Alabama State Board of Examiners
for Dietetics/Nutrition Practice Fund. All receipts collected by the board under the provisions
of this chapter are to be deposited in this fund and used only to carry out the provisions
of this chapter. Such receipts shall be disbursed only by warrant of the state Comptroller
upon the State Treasurer, upon itemized vouchers approved by the chairman of the board; provided
that no funds shall be withdrawn or expended except as budgeted and allotted according to
the provisions of Sections 41-4-80 through 41-4-96 and 41-19-1 through 41-19-12 and only in
amounts as stipulated in the general appropriations bill or other appropriation bills. (Acts
1989, No. 89-866, p. 1733, §8.)...
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34-41-6
Section 34-41-6 Establishment of revenue trust fund. There is established a separate revenue
trust fund in the State Treasury to be known as the "Alabama Board of Licensure for Professional
Geologists Fund." All receipts and disciplinary fines collected by the board under this
chapter shall be deposited in this fund and used only to implement this chapter. Monies shall
be disbursed by warrant of the state Comptroller upon the State Treasury, upon itemized vouchers
approved by the chair of the board or an authorized designee. 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
bill or other appropriation bills. (Acts 1995, No. 95-399, p. 820, §6.)...
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41-23-8
Section 41-23-8 Traffic Safety Trust Fund established. The Traffic Safety Trust Fund is established
as a separate fund in the State Treasury. Upon appropriation by the Legislature, the fund
shall be used for traffic safety purposes and programmed along with federal funds that are
received for the same purposes by the staff of the Traffic Safety Section of the Alabama Department
of Economic and Community Affairs. Unexpended or unencumbered sums remaining in the fund at
the end of the fiscal year shall remain in the fund and be brought forward to the next fiscal
year. (Acts 1997, No. 97-494, p. 883, §2.)...
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5-12A-15
Section 5-12A-15 Taxation. A common trust fund, whether established, maintained, and administered
pursuant to the requirements of this chapter or established, maintained, administered, and
invested in without regard to the requirements and limitations of this chapter, as provided
in Section 5-12A-13, shall not be subject to taxation under any income tax law of the State
of Alabama. The computation of gain, loss, basis, taxable income, taxable loss, and other
income tax treatment of a common trust fund and its participants, shall be determined in accordance
with 26 U.S.C. §584, as amended from time to time. Every trust institution maintaining a
common trust fund shall make a return under oath for each fiscal year stating specifically
with respect to the fund the items of gross income and the deductions allowed by law, and
shall include in the return the names and addresses of the participants entitled to share
in the net income of the fund and the amount of the proportionate share of...
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9-16-135
Section 9-16-135 Special Abandoned Mine Reclamation Trust Fund; deposit, administration and
disbursal of funds. There is hereby created in the State Treasury a Special Abandoned Mine
Reclamation Trust Fund to receive and retain up to 10 percent of the appropriated funds granted
annually by the Secretary of the U.S. Department of Interior for the reclamation of abandoned
mine lands in Alabama. All moneys so deposited by the Director of the Department of Labor
shall accrue interest, and together with all interest earned, shall be available for expenditure
by the Director of the Department of Labor after August 3, 1992, solely to accomplish the
purposes set forth in Section 9-16-122(b). All moneys in this fund shall be deposited, administered
and disbursed in the same manner and under the same conditions and requirements as provided
by law for other special trust funds in the State Treasury. Moneys in this special trust fund
shall be separately accounted for and continuously available to...
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9-2-20.1
Section 9-2-20.1 Game and Fish Fund - Alabama Game and Fish Endowment Fund created as special
account; administration; restrictions; use of income. (a) There is hereby created within the
Game and Fish Fund a special account to be known as the Alabama Game and Fish Endowment Fund.
The assets of said fund shall consist of the following: (1) The proceeds from the sale of
the lifetime hunting, lifetime fishing, and combination lifetime hunting and fishing licenses
provided in subsections (a) through (c) of Section 9-11-65; (2) The proceeds of any gifts,
grants and contributions to the state which are specifically designated for inclusion in said
fund; and (3) Such other sources as may be specified by law. (b) The Alabama Game and Fish
Endowment Fund shall be administered by a board of trustees consisting of the Director of
Finance, the Secretary-Treasurer of the State Employees' Retirement System and the Commissioner
of the Department of Conservation and Natural Resources. Said board of...
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