22-23B-3
Section 22-23B-3 Revolving Loan Fund established; maintenance; administration. There is hereby established the State of Alabama Drinking Water Revolving Loan Fund, which shall be maintained in perpetuity and operated by the department as agent for the authority for the purposes stated herein. Grants from the federal government or its agencies allocated, allotted or paid to the state for capitalization of the revolving loan fund, state matching funds where required, and loan principal, interest, and penalties and interest income and all other amounts at anytime required or permitted to be paid into the revolving loan fund shall be deposited therein. Proceeds of bonds issued by the authority, proceeds of capitalization grants, funds appropriated by the state, loan principal and interest payments, interest income and all other funds of the authority shall be deposited with one or more banks designated by the authority to act as depository or trustee with respect to such funds. The...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-23B-3.htm - 3K - Match Info - Similar pages
24-1A-44
Section 24-1A-44 Alternative housing programs; certified amounts; modification and depletion. (a) Mortgage guarantee fund. In addition to the uses provided in Section 24-1A-43, commencing on March 3, 2014, the mortgage guarantee fund established by the Alabama Home Buyers Initiative Act, including all funds appropriated for the mortgage guarantee fund and all interest or investment earnings thereon, shall be made available to fund alternative housing programs in accordance with this section, and Sections 24-1A-41.1 and 24-1A-42. (b) Investment income on mortgage guarantee fund. All interest or investment income, if any, on funds deposited in the mortgage guarantee fund shall be credited to, and shall remain part of, the mortgage guarantee fund. (c) Establishment of alternative housing programs. In order to establish an alternative housing program, the program administrator shall certify in writing to the State Treasurer that: (1) There is a specific dollar amount of funds on deposit in...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/24-1A-44.htm - 4K - Match Info - Similar pages
27-3-3
Section 27-3-3 Certificate of authority - Exceptions - Investment in real estate or securities secured thereby. A foreign insurer may transact business in this state without certificate of authority for the purpose, and to the extent only, of investing its funds in real estate located in this state, or in securities secured thereby, by complying with the requirements of Amendment 154 of the Constitution of Alabama. Such an insurer shall not be subject to any other provisions of this title. (Acts 1971, No. 407, p. 707, §50.)...
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41-10-268.1
Section 41-10-268.1 Issuance of bonds - 2007 authorization. (a) As used in this section, the following terms shall have the following respective meanings: (1) "Authority" means the Alabama Judicial Building Authority organized pursuant to the 1986 Act. (2) "1986 Act" means Act No. 86-420, enacted at the 1986 Regular Session of the Legislature of Alabama and codified in this chapter (3) "Series 1996 Bonds" means the Alabama Judicial Building Authority Revenue Refunding Bonds, Series 1996. (b) In addition to those bonds authorized to be issued or refunded by the authority pursuant to the 1986 Act, the authority is hereby authorized to sell and issue additional revenue bonds not to exceed an aggregate principal amount of $10,000,000 for the purposes of providing funds for capital expenditures and for the repair of the roof and other structural damage to the judicial building; provided, however, that the additional bonds may only be issued if the authority refunds its Series 1996 Bonds and...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-10-268.1.htm - 1K - Match Info - Similar pages
41-10-458.1
Section 41-10-458.1 Definitions; additional authorization. (a) Definitions. The following terms, whenever used in Act 98-245, shall have the following respective meanings unless the context clearly indicates otherwise: (1) "Authority" means Alabama Building Renovation Finance Authority established pursuant to the 1990 Act. (2) "Bonds" (except where that word is used with reference to bonds issued under another act) means those bonds authorized to be issued pursuant to the authorization contained in Act 98-245. (3) "1990 Act" means Act No. 90-602 enacted at the 1990 Regular Session of the Legislature of Alabama, codified as Article 14 of Chapter 10 of Title 41. (b) In addition to those bonds authorized to be issued by the authority pursuant to the 1990 Act, the authority is hereby authorized to sell and issue its bonds in the aggregate principal amount of twelve million dollars ($12,000,000) for the purpose of constructing and equipping a new west wing for the Alabama Memorial Building,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-10-458.1.htm - 2K - Match Info - Similar pages
41-10-751
Section 41-10-751 Definitions. When used in this article, the following terms shall have the following meanings, unless the context clearly indicates otherwise: (1) ALABAMA TRUST FUND. The trust fund of the state created under Amendment 450 to the Constitution of Alabama of 1901, and appearing as §219.02 of the Official Recompilation of the Constitution of Alabama 1901, as amended. (2) APPROPRIATED FUNDS. The BP settlement revenues deposited in the special fund to the extent such revenues are appropriated to the authority pursuant to Section 41-10-759. (3) AUTHORITY. The Alabama Economic Settlement Authority authorized to be established pursuant to Section 41-10-752. (4) BONDS. Those bonds, including refunding bonds, issued pursuant to this article. (5) BP SETTLEMENT REVENUES. Revenues received by the state in settlement of economic damages claims of the state against BP Exploration and Production, Inc. and any of its corporate affiliates arising out of the Deepwater Horizon oil spill...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-10-751.htm - 6K - Match Info - Similar pages
41-20-3
Section 41-20-3 Specification of termination dates for certain agencies; date and procedure generally for termination of agencies not designated; committee's right to review and make recommendations. (a) The following agencies shall automatically terminate on the dates specified, unless a bill is passed that they be continued, modified or reestablished: (1) October 1, 1981 shall be the termination date for: a. State Board of Auctioneers - created by Section 34-4-50. b. Alabama Board of Cosmetology - created by Section 34-7-40. c. Examining Board for Professional Entomologists, Horticulturists, Plant Pathologists, Floriculturists and Tree Surgeons - created by Section 2-28-2. d. Alabama Board of Funeral Service - created by Section 34-13-20. e. State Pilotage Commission - created by Section 33-4-1. f. Polygraphic Examiners Board - created by Section 34-25-4. g. Alabama Board of Examiners for Speech Pathology and Audiology - created by Section 34-28A-40. h. State Board of Veterinary...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-20-3.htm - 8K - Match Info - Similar pages
41-23-193
Section 41-23-193 Creations; functions; fee. (a) The Alabama Public Transportation Trust Fund is created in the State Treasury for the distribution of designated funds appropriated by the Legislature or collected from grants or other sources for the purpose of increasing public transportation options across the State of Alabama. The trust fund shall be maintained and administered by the department. (b) The department shall do all of the following in maintaining and administering the trust fund: (1) Invest and reinvest all money held in the trust fund in investments under the department's investment policies. (2) Keep books and records relating to the investment, interest earnings, and uses of monies deposited into the trust fund. (3) Establish procedures for the withdrawal, allocation, and use of the monies held in the trust fund for the purposes described in Section 41-23-194. (4) Publish, on an annual basis, criteria for determining the distribution of monies from the trust fund. (5)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-23-193.htm - 3K - Match Info - Similar pages
41-4-18
Section 41-4-18 Inventory of facilities and lands owned, leased, rented, etc., by certain state entities. (a)(1) The State Department of Finance shall develop and maintain an automated inventory of all facilities and lands owned, leased, rented, or otherwise occupied or maintained by any agency of the state or by the judicial branch. The facilities inventory shall include the location, occupying agency, and ownership. (2) For the purposes of this section, the term facility means buildings, structures, and building systems, and does not include facilities of the State Department of Transportation or the Alabama State Port Authority. (3) The State Department of Transportation shall develop and maintain an inventory of their own facilities, which inventories should be available to the public online. (4) The Alabama Commission on Higher Education and the State Department of Postsecondary Education, respectively, shall develop and maintain a facilities inventory, in the manner prescribed by...
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11-98-13.1
Section 11-98-13.1 Permanent Oversight Commission on 911. (a) The Permanent Oversight Commission on 911 is established. The commission shall do the following: (1) Study the operational and financial condition of the current 911 systems within the State of Alabama and publish a report detailing the same. (2) Study the rate charged for 911 services and make recommendations to the board regarding adjustments to the rate. (3) Develop recommendations for the most efficient and effective delivery of 911 services in Alabama over both the long- and short-term. (4) Study the charges levied by each telecommunications provider to each communications district for both data base and network charges. (5) Develop legislation necessary to implement its long-term 911 plan. (6) Report its findings, recommendations, and proposed legislation to the Legislature prior to the last day of the 2014 Regular Session. (b) The commission shall remain in place until the later of the end of the 2014 Regular Session...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-98-13.1.htm - 9K - Match Info - Similar pages
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