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9-13-84
Section 9-13-84 Payment and disposition of taxes generally; Special State Forestry Fund;
appropriation of tax receipts for use of State Forestry Commission. (a) The taxes imposed
by this article, and any other taxes imposed on the severance of forest products, shall be
due and payable quarterly to the department and, when collected, shall be paid by the department
into the State Treasury. When so paid into the State Treasury, all such taxes shall be credited
by the Treasurer to a special fund which is hereby created and which shall be known as the
Special State Forestry Fund of the State of Alabama, which fund shall be disbursed under the
supervision of the State Forester, subject to the restrictions embodied in this article, for
the purpose of carrying out the statewide forestry program as provided by law and for no other
or different purposes. Not less than 85 percent of the taxes collected under and by virtue
of this article shall be expended for forest protection. No portion of the...
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24-10-8
Section 24-10-8 Alabama Housing Trust Fund Advisory Committee - Composition; expenses;
staff. (a) There is created the Alabama Housing Trust Fund Advisory Committee for the purpose
of advising the Director of ADECA and staff of the department with respect to the Alabama
Housing Trust Fund. (b) The membership of the advisory committee shall be inclusive and reflect
the racial, gender, geographic, urban/rural and economic diversity of the state. The advisory
committee shall annually report to the Legislature by the second legislative day of each regular
session the extent to which the advisory committee has complied with the diversity provisions
provided for in this chapter. (c) Each member of the advisory committee should have a demonstrated
interest in the housing needs of individuals and families with extremely low incomes to incomes
at 60 percent of median family income and the revitalization of distressed neighborhoods.
(d) The advisory committee shall consist of 16 members and...
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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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31-1-3
Section 31-1-3 Revolving fund for payment of operating and maintaining quarters; funding;
annual budget; using profits to upgrade facilities; deposit of funds. (a) There is hereby
created in the State Military Department a revolving fund for the payment of operating and
maintaining quarters at Alabama National Guard training sites for senior officers and enlisted
personnel. (b) There is hereby appropriated and allocated to the State Military Department
for the revolving fund a one-time sum of $25,000.00 from the State General Fund for payment
of salaries, janitorial supplies, equipment, furnishings, and other essential expenses to
operate, maintain, and enhance billeting facilities for troops utilizing the training site
facilities. (c) The $25,000.00 herein appropriated and allocated shall be designated as the
Military Department Billeting Revolving Fund and shall be used only for the purpose of providing
services, supplies, equipment and furnishings necessary to operate, maintain, and...
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36-15-4.2
Section 36-15-4.2 Attorney General's Litigation Support Fund. (a) There is established
in the State Treasury a special fund to be known as the Attorney General's Litigation Support
Fund. (b) The fund shall consist of any and all monies designated by a court order as reasonable
attorney fees and related expenses or negotiated fees and related expenses for matters settled
out of court, and penalties paid in certain cases received by the Attorney General pursuant
to this section as a result of any fees, fines, restitution, forfeitures, penalties,
costs, interest, or judgments collected pursuant to any civil litigation, or any administrative
proceedings, or in settlement of any claim asserted by or against the people of Alabama, the
State of Alabama, or any of its departments, agencies, institutions, officers, employees,
or political subdivisions thereof. Notwithstanding the foregoing, the fees, fines, restitution,
forfeitures, penalties, costs, interest, or judgements shall not be...
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41-10-621
Section 41-10-621 Legislative findings and purpose. (a) The Legislature finds and declares
the following: (1) The State of Alabama has a great need from time to time to have access
to financing for economic development and industrial recruitment that does not involve improvements
to revenue-producing facilities. (2) It is desirable and in the public interest to establish
a state-level authority with the power to issue bonds for such general purposes. (3) The Alabama
Supreme Court has held, in effect, that only when the debt of a public corporation is payable
out of a new revenue source will such debt not be considered a debt of the state in contravention
of Section 213 of the Constitution of Alabama of 1901; the State of Alabama expects
to receive in the near future new revenues from the settlement of certain litigation between
the state and the tobacco industry. (4) By the passage of this division, it is the intention
of the Legislature to: a. Provide for the creation of a special...
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9-2-107
Section 9-2-107 State Park Revolving Fund. In addition to the State Park Fund established
by Section 9-2-106, there is also hereby created and established a fund to be known
as the State Park Revolving Fund, which fund shall be constituted from all moneys received
for admissions charged or rentals, sales of goods or services and such other miscellaneous
charges collected by the Department of Conservation and Natural Resources in the operation
of its state parks, monuments, historical sites and other facilities. The Commissioner of
Conservation and Natural Resources, with the approval of the state Department of Finance,
is authorized and empowered to provide for and open an account or accounts at any state or
federal bank whose deposits are insured within the State of Alabama for the purpose of providing
a depository or depositories for said revolving fund. The Commissioner of Conservation and
Natural Resources is further authorized and empowered to draw on or make expenditures from...
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11-43C-55
Section 11-43C-55 Monthly or quarterly allotments for each department, etc.; revision
of allotments. After the current expense budgets have been adopted and before the beginning
of the fiscal year, the head of each department, office, and agency shall submit to the mayor
in such form as the mayor shall prescribe a work program which shall show the requested allotments
of the appropriations for such department, office, or agency for the entire fiscal year at
least monthly or as the mayor may direct. Before the beginning of the fiscal year the mayor
shall approve, with such amendments as he shall determine, the allotments for each such department,
office, or agency, and shall file the same with the head of the division of finance who shall
not authorize any expenditure to be made from any appropriation except on the basis of approved
allotments. Such allotments shall be in conformity with the salaries established by ordinance,
the provisions of any merit system applicable to such city,...
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16-33C-10
Section 16-33C-10 ACES Program generally. (a) The ACES Program is established as one
college savings alternative under the plan whereby contributors open ACES savings accounts
according to savings agreements for the payment of qualified higher education costs for a
designated beneficiary at eligible educational institutions, terms as defined in Section
529 of the Internal Revenue Code of 1986, as amended, or other applicable federal law. The
ACES Program includes the ACES Trust Fund, the ACES Administrative Fund, and the ACES Opportunity
Enhancement Fund created pursuant to this chapter. The ACES Program may be marketed under
a different name than ACES. (b) The ACES Trust Fund is hereby created and shall be comprised
of separate ACES savings accounts held in segregated accounts as established by savings agreements.
Funds contributed to the ACES savings accounts established pursuant to the ACES Program are
held in trust by the Savings Board for the sole benefit of the contributor and...
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41-15A-6
Section 41-15A-6 Definitions; duties of board. (a) As used in this chapter, the following
words shall have the following meanings, respectively: (1) BOARD. The Board of Control of
the Penny Trust Fund, which shall consist of the following officials or their designees and
the following representatives: a. The Governor. b. The State Treasurer. c. The State Health
Officer. d. The State Superintendent of Education. e. The State Auditor. f. A member to be
appointed by the Governor from one of Alabama's historically black colleges and universities,
whose term on the board shall end when the appointing Governor's term ends. g. A member to
be appointed by the Governor from a non-profit health-related agency, organization, or health-related
community action agency, whose term on the board shall end when the appointing Governor's
term ends. (2) EARNINGS. Ninety percent of the prior fiscal year's earnings of the Penny Trust
Fund. (b) The duties of the board shall include, but not necessarily be...
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