16-61B-1
Section 16-61B-1 Legislative intent. There is hereby created within the State Treasury a fund,
designated the Education Technology Fund, hereinafter referred to as the fund. The State Superintendent
of Education shall authorize the expenditure of monies within the fund, upon the approval
of the State Board of Education. Receipts to the fund shall include, but shall not be limited
to the following: 1) appropriations made at the discretion of the Legislature; 2) grant funds;
3) donations and contributions; 4) federal funds; and 5) appropriations made by local governments.
At the end of any fiscal year, unexpended monies remaining in the fund shall not revert but
shall remain available for appropriation. The expenditure of monies in the fund shall be subject
to appropriation by the Legislature and subject to the provisions of the Budget Management
Act, Sections 41-19-1 through 41-19-12. The State Board of Education shall ensure that expenditures
made from the Education Technology Fund...
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22-6-72
Section 22-6-72 Duties of State Treasurer; disposition of funds. The State Treasurer shall
invest the funds in the trust fund on the direction of the board in investments which are
eligible investments for the Alabama Trust Fund as authorized by Amendment No. 450 and Amendment
No. 488 of the Constitution of Alabama of 1901. All interest earned on the investment of money
in the trust fund shall be credited to the trust fund. The State Treasurer shall receive no
fees or compensation for his or her work in complying with this provision. No funds may be
transferred to the Medicaid Agency or expended by the board except as budgeted and allotted
in accordance with the Budget Act and the Budget Management Act. Money contained in the trust
fund at the end of any year shall not revert to the General Fund or any other fund in the
State Treasury but shall remain in the trust fund until appropriated by the Legislature. (Act
2000-772, p. 1768, §3.)...
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36-18-52
Section 36-18-52 Creation of advisory board. (a) There is created the Alabama Chemical Testing
Training and Equipment Trust Fund Advisory Board to be appointed as follows: (1) The President
of the Alabama Sheriffs' Association shall appoint one sheriff. (2) The Alabama Association
of Chiefs of Police shall appoint one police chief from a city of less than 25,000 population
and one police chief from a city of greater than 25,000 population according to the last federal
census. (3) The Alabama Attorney General shall appoint one prosecutor. (4) The Chief Justice
of the Alabama Supreme Court shall appoint one district or municipal judge and one circuit
judge. (5) The Governor shall appoint one citizen at large. (6) The Lieutenant Governor shall
appoint one member of the Alabama Senate. (7) The Speaker of the House of Representatives
shall appoint one member of the House of Representatives. (8) The Technical Director, Implied
Consent Program, Department of Forensic Sciences, and the...
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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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11-54-125
Section 11-54-125 Definitions. As used in this division, the following terms shall have the
following meanings: (1) AUTHORIZING RESOLUTION. A resolution adopted by the directors and
authorizing the execution and delivery of a trust agreement. (2) DIRECTORS. The board of directors
of an industrial development board. (3) ENDOWMENT TRUST FUND or FUND. A trust fund created
by an industrial development board pursuant to this division. (4) FUND MANAGER. Any individual,
partnership, corporation, or other person, including, without limitation, a trustee bank,
employed to manage and invest moneys held in and forming a part of an endowment trust fund
and other contributions to such fund. (5) INDUSTRIAL DEVELOPMENT BOARD or BOARD. A public
corporation now in existence or hereafter organized pursuant to the provisions of either industrial
development board act. (6) INDUSTRIAL DEVELOPMENT BOARD ACT. Act 648, 1949 Regular Session,
as amended, and Division 1 and Division 2 of this article, as...
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16-11-27
Section 16-11-27 Boards of education of certain cities may insure school buildings, property,
etc., in fund. Any city board of education of a city whose population does not exceed 60,000
according to the most recent federal census may insure against loss by fire or tornado all
school buildings and property, equipment, furniture or supplies belonging to such buildings
or stored therein which are used or held in trust by such board for school purposes in the
State Insurance Fund under the same terms and upon the same conditions as properties of county
school systems are insured. (Acts 1947, No. 672, p. 514, § 1.)...
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16-39-11
Section 16-39-11 Transportation. When authorized by regulations of the State Board of Education
in lieu of the amount calculated on the basis of average daily membership otherwise authorized
by law, there shall be allowed from the Education Trust Fund appropriation for transportation
for each bus used exclusively for the purpose of transporting eight or more pupils classified
as exceptional children who are unable to ride regular school buses 80 percent of the cost
of such transportation, and a proportionate amount shall be allowed for a vehicle used exclusively
for the transportation of a smaller number of exceptional children in average daily membership
as prescribed by regulations of the State Board of Education. (Acts 1971, No. 106, p. 373,
§11; Acts 1995, No. 95-314, p. 634, §49.)...
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22-10C-4
Section 22-10C-4 (Effective until September 30, 2021, unless extended by the Legislature.)
Distribution of funds. (a) The commission shall allocate funds for research on tick borne
illness in the state based on appropriations received by the commission from the Education
Trust Fund. (b) The commission shall award appropriated funds annually through a grant application
process. Only research universities and research facilities may apply for grant moneys. (c)
In order to receive the funds before the first day of the fiscal year, the college or university
requesting or receiving money shall provide information regarding the method, scope, and significance
of its research as a prerequisite to receiving the funds. The commission may withdraw future
funding from any university not performing adequate research in the opinion of the commission.
(Act 2016-356, §4.)...
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34-27A-29
Section 34-27A-29 Compliance with federal law; membership in organization not to be grounds
for granting or denying license. It is the intent of the Legislature of the State of Alabama
that this article fully comply with the provisions of the Financial Institutions Reform, Recovery
and Enforcement Act of 1989, Pub.L. No. 101-73, any amendments thereto and regulations issued
thereunder, and the board shall adopt administrative rules and regulations accordingly. The
board shall not grant or deny a license for any classification of real estate appraiser by
virtue of membership in or lack of membership in any particular appraisal organization. (Acts
1990, No. 90-639, p. 1175, §31; Acts 1994, No. 94-117, p. 128, §1.)...
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41-1-70
Section 41-1-70 Definition. State tax receipt. Any tax, fee, license or other source of revenue
received by a state entity pursuant to statute, rule, or any other means. The term shall in
no way include specific appropriations from the State General Fund and the Education Trust
Fund. (Act 2015-327, §1.)...
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