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29-9-3
Section 29-9-3 Fiscal year appropriation cap. (a) Notwithstanding any other provision of law
to the contrary, beginning with appropriations made for the fiscal year ending September 30,
2013, appropriations from the Education Trust Fund shall not exceed the fiscal year appropriation
cap. (b) The fiscal year appropriation cap for the Education Trust Fund shall be equal to
the sum of all of the following: (1) The total of recurring revenues deposited into the Education
Trust Fund in the last completed fiscal year preceding the date on which the fiscal year appropriation
cap is calculated. (2) An amount equal to the amount in subdivision (1) multiplied by the
average annual percent of change in the recurring revenues deposited into the Education Trust
Fund for the 14 highest of the 15 completed fiscal years preceding the date on which the fiscal
year appropriation cap is calculated. (3) If new recurring revenue measures are enacted that
will be deposited into the Education Trust Fund, or...
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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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40-13-5
Section 40-13-5 Deposit of proceeds; disbursement and appropriation of funds. (a) The entire
proceeds from the privilege or license tax levied by Section 40-13-2 shall be deposited in
the State Treasury to the credit of the Alabama State Docks Bulk Handling Facility Trust Fund.
The proceeds from the special handling charge provided for by Act No. 2306 of the 1971 Regular
Session of the Legislature shall be deposited in the State Treasury to the credit of a fund
to be created and known as the Special Handling Charge Fund. (b) The amounts deposited into
such funds shall be disbursed and are hereby appropriated to the extent necessary for such
purpose, to pay at their respective maturities, or to redeem under the terms thereof, principal
of and interest on any revenue bonds that may at any time be issued pursuant to authorization
and any statute adopted at the 1971 Regular Session of the Alabama Legislature or at any other
legislative session prior thereto for the purpose of constructing...
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41-10-27.2
Section 41-10-27.2 Appropriation of funds for payment of industrial development site grants.
Beginning in the fiscal year ending September 30, 2006, the Legislature shall annually appropriate
an amount up to $2,000,000 from the Capital Improvement Trust Fund to the State Industrial
Development Authority for the purpose of paying industrial development site grants. The bond
commission established by Amendment 666 of the Constitution of Alabama of 1901, now appearing
as Section 210.04, of the Official Recompilation of the Constitution of Alabama of 1901, as
amended, shall consult with the State Industrial Development Authority and recommend to the
Legislature the actual amount of the annual appropriation. (Act 2006-417, p. 1033, §2; Act
2007-300, p. 546, §2.)...
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16-13-234
Section 16-13-234 Allocation of funds. (a) In making apportionment of the Public School Fund
held by the state, to the local boards of education, the State Superintendent of Education
shall first set apart and distribute to the schools of each township the amount due from the
state thereto as interest on its sixteenth section fund, or other trust fund held by the state.
(b) It is the intent of the Legislature to insure that no local board of education receive
less state funds per pupil than it received in fiscal year 1994-95. For this reason the Foundation
Program for each local board of education shall be supplemented, if necessary, by a hold harmless
allowance. The base amount of each local board's hold harmless allowance calculation is the
1994-95 program cost as defined herein. The 1994-95 program cost of each local board of education
was determined by using the first forty scholastic days of average daily membership from 1993-94.
Beginning with the fiscal year 1995-96, the hold...
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22-30B-2.1
Section 22-30B-2.1 Annual payments to counties; guaranteed amount; distribution of funds. (a)
There is hereby provided to all counties having less than 25,000 population and wherein on
April 17, 1990, a commercial site for the disposal of hazardous waste or hazardous substances
is located, an annual payment of two and one-half percent of the gross receipts generated
by Section 22-30B-2 as provided herein over those fees in existence on October 1, 1989. (b)
Any county identified in subsection (a) is hereby guaranteed an amount not to exceed the lesser
of $4,200,000.00 or 100 percent of the receipts to the state paid on wastes or substances
disposed of in the county. In determining whether a county is entitled to receive benefit
of all or any portion of the guarantee herein made, there shall be charged against such county
all receipts which it receives pursuant to this chapter and Alabama Act 83-480, 1983 Regular
Session, as amended, or other applicable local act. (c) Determination of...
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40-14A-36
Section 40-14A-36 (Repealed for taxable years beginning on or after January 1, 2002.) Remittance
and disposition of tax. The tax levied by this article shall be due at the same time the return
is due. Remittance of the shares tax required by the above sections shall be made to the department
at Montgomery, Alabama, for deposit to the State Treasurer of Alabama. In addition to all
other appropriations heretofore or hereinafter made, there is hereby appropriated to the department
for the fiscal year ending September 30, 2000, such amount as is reasonably required to offset
its conversion costs as a first charge against the revenues from the tax levied by this article.
For all subsequent years, there shall be appropriated to the department as a first charge
against the revenues from the tax levied by this article an amount that will offset its actual
costs in the administration and regulation of this tax. The balance of the shares tax collected
shall be distributed each fiscal year to the...
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41-23-253
Section 41-23-253 Research and development enhancement grant program; fund. (a) The Director
of ADECA may establish and administer the research and development enhancement grant program
for the purpose of encouraging new and continuing efforts to conduct new or expanded research
and development activities within Alabama. By September 4, 2019, the director shall adopt
rules and policies to administer the program and begin to accept applications for grants,
and shall adopt such rules as may be necessary to meet the future needs of the grant program.
(b) The program shall be administered pursuant to policies developed by ADECA in compliance
with this article. The policies shall provide for the awarding of grants to Alabama research
entities that have qualified research expenses in Alabama in a fiscal year exceeding a base
amount. (c) The Alabama Research and Development Enhancement Fund is created in the State
Treasury. The fund is subject to appropriations by the Legislature and gifts,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-23-253.htm - 3K - Match Info - Similar pages
24-1A-43
Section 24-1A-43 Mortgage guarantee fund; fee; payment warrants; reimbursements; depletion
of fund. (a) There is hereby established a mortgage guarantee fund to be held in the State
Treasury and to be administered by the Alabama Housing Finance Authority that will be available
to reimburse foreclosure losses, if any, that arise with respect to a qualified mortgage loan
under the Alabama Home Buyers Initiative. There is appropriated from the Alabama Capital Improvement
Trust Fund to the guarantee fund a total of six million dollars ($6,000,000) for the fiscal
year ending September 30, 2009. This appropriation shall be irrevocably deposited in the guarantee
fund within ten days after this act becomes effective. Pursuant to Section VII of Amendment
666 to the Constitution of Alabama 1901, the Legislature finds that it is advisable and necessary
to make this appropriation to the guarantee fund which is in excess of the amount contained
in the Governor's certification of the amount of funds...
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29-13-5
Section 29-13-5 Withdrawal of funds. (a) Except as provided in subsection (b), amounts in the
General Fund Budget Reserve Fund may be withdrawn only to prevent proration in the General
Fund. The Governor must certify to the state Comptroller and notify the Legislature that proration
would occur in the General Fund before funds may be withdrawn to prevent proration. Following
the certification and notification by the Governor, withdrawals may be made from the General
Fund Budget Reserve Fund to prevent proration; however, the withdrawals shall be limited to
the amount of the anticipated proration and funds allotted only to the extent necessary to
avoid proration of appropriations from the General Fund. Any funds withdrawn from the General
Fund Budget Reserve Fund in excess of the amount necessary to avoid proration shall be transferred
back to the General Fund Budget Reserve Fund within 30 days after the end of the fiscal year
in which withdrawals are made. (b) Amounts in the General...
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