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11-65-36
Section 11-65-36 Application of net commission revenues. All commission horse wagering
fees, commission greyhound wagering fees, and other fees, commissions, and moneys, including
fines and forfeitures, to which a commission shall be entitled under the provisions of this
chapter shall be paid to the treasurer of such commission and shall be deposited by said treasurer
to the account of such commission. Except for the gross profits of any commission racing day
and the commission greyhound wagering fee referable to greyhound racing on such day that may
be set aside for specific public entities or charitable organizations pursuant to Section
11-65-30.1(c), all such moneys to which a commission shall be entitled that remain after (i)
the payment of all expenses incurred in the administration of this chapter, including (without
limitation thereto) the payment of the salaries and expenses of the members and employees
of such commission, and (ii) the deposit into the breeding fund of all...
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45-17-91.23
Section 45-17-91.23 Creation of Shoals Economic Development Fund; purposes for which
moneys in such fund may be expended. (a) There is created the Shoals Economic Development
Fund, which shall be a special or trust fund or account of the committee, and which shall
be administered in accordance with this subpart. (b)(1) The authority may, at any time and
from time to time, request that the committee authorize and approve the expenditure or appropriation
of moneys on deposit in the Shoals Economic Development Fund, but solely for purposes authorized
in subsection (c). Any such request may specify that such moneys shall be expended by, or
appropriated directly or indirectly to, any of the following: a. The authority itself. b.
Either of the counties, or any city or town located, in whole or in part, in either of the
counties. c. Any public corporation that has been organized with the approval or consent of
any one or more of the counties, the municipalities, or any other city or town in...
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24-10-5
Section 24-10-5 Duties of Department of Economic and Community Affairs. (a) The Alabama
Housing Trust Fund shall be maintained and administered by ADECA. ADECA is authorized and
directed to do all the following: (1) Invest and reinvest all money held in the trust fund
in investments under ADECA's investment policies, pending its use for the purposes described
in Section 24-10-6. (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 24-10-6. (4) Publish, on an annual basis, criteria for determining the distribution
of funds. (5) Conduct an annual independent audit of the trust fund. (6) Prepare, in collaboration
with the advisory committee, an annual performance report, which shall be provided to the
Governor, Speaker of the House of Representatives, and the President Pro Tempore...
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45-22-90
Section 45-22-90 Community Development Commission; promulgation of rules; fund. (a)
There is created the Cullman County Community Development Commission which may receive, except
as provided in subdivision (2) of subsection (c), and by majority vote may distribute any
funds in the Community Development Fund created herein for the purposes of promoting economic
and community development, education, conservation, and fire protection. The commission shall
be comprised of the following members: (1) A person appointed by the Senator representing
Cullman County and whose term will coincide with the term of the Senator or until replacement.
(2) A person appointed by each of the three members of the House of Representatives who represent
Cullman County and whose term will coincide with the term of the appointing representative
or until replacement. A person appointed by the members of the legislative delegation from
Cullman County, who shall serve as chair and shall serve at the discretion of...
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41-10-46.01
Section 41-10-46.01 Investment by qualified funds. (a) Any qualified fund may invest
at least three percent of its corpus in one or more approved opportunity funds. (b) The following
terms shall have the following meanings: (1) "ADECA" shall mean the Department of
Economic and Community Affairs. (2) "Approved opportunity fund" shall mean any fund
approved by ADECA as meeting all of the following: a. ADECA determines that the fund has the
capacity to improve Alabama's low-income opportunity zone communities by approving an application
showing all of the following: 1. The amount of existing committed capital or potential to
raise committed capital. 2. The investment track record or strength of the applicant's management
team. 3. The existing project pipeline or strategy for developing new pipeline. 4. The fund
structure and anticipated returns within that fund structure. 5. The presence of sound legal,
accounting, and compliance policies and procedures. 6. A strategy for measuring,...
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45-40-90
Section 45-40-90 Creation; composition; promulgation of rules; funding. (a) There is
created the Lawrence County Community Development Commission which shall be authorized to
receive and by majority vote to distribute any funds in the Community Development Fund created
herein for the purposes of promoting economic development including, but not limited to, water
and sewer needs and paying the principal and interest on bonds issued for economic development,
education, recreation, conservation, fire protection, and disaster relief. Not less than 40
percent of all funds distributed from the Community Development Fund shall be earmarked and
expended for capital improvements. The commission shall be comprised of the following members:
(1) A person appointed by each senator representing Lawrence County whose term shall coincide
with the term of the senator or until a replacement is appointed. (2) A person appointed by
the member of the House of Representatives representing Lawrence County...
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40-18-324
Section 40-18-324 Duties and procedures. (a) The Department of Labor, in coordination
with the Department of Revenue, the Department of Economic and Community Affairs, and the
Department of Veterans' Affairs shall: (1) Promote awareness of the unemployed veteran tax
credit authorized in this article to employers and eligible veterans. (2) Establish procedures
for prequalifying an individual as an unemployed veteran and for providing notice to the Department
of Labor when a new full-time employee is hired. (3) Establish procedures for certifying a
qualified employer's compliance, or in the case of a credit under subsection (b) of Section
40-18-323, a recently deployed unemployed veteran's compliance, with the eligibility and expense
verification requirements to claim the credit authorized under this section. (4) Adopt
measurable goals, outcomes, and an audit strategy to assess the utilization and performance
of the credits authorized in this article. (5) On or before January 15, 2014,...
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41-23-101
Section 41-23-101 Eligible recipients; assistance funds provided by Director of Department
of Economic and Community Affairs; administrative costs; reports. (a) Eligible recipients
of assistance are individuals who have a household income at or below 125 percent of the poverty
level or individuals who are 60 years of age or older or handicapped and families with children
under 18 years of age as determined by the United States Office of Management and Budget and
reported in the federal register. (b) Beginning July 1, 1996, the Director of the Department
of Economic and Community Affairs shall provide assistance funds to designated community action
agencies and county governments currently providing energy assistance to people who are eligible
to receive assistance under this article. Disbursement of assistance funds shall be coordinated
with all other state and federal home weatherization assistance programs administered by the
Department of Economic and Community Affairs. (c) An...
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41-23-191
Section 41-23-191 Definitions. As used in this article, the following words have the
following meanings: (1) ADVISORY COMMITTEE. The Alabama Public Transportation Trust Fund Advisory
Committee. (2) DEPARTMENT. The Alabama Department of Economic and Community Affairs. (3) DIRECTOR.
The Director of the Alabama Department of Economic and Community Affairs. (4) TRUST FUND.
The Alabama Public Transportation Trust Fund created pursuant to Section 41-23-193.
(Act 2018-161, §2.)...
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30-6-7
Section 30-6-7 Limitations on appropriation and expenditure of funds. (a) The Department
of Economic and Community Affairs may pay the administrative costs necessary to fulfill the
requirements of this chapter from the Domestic Violence Trust Fund; provided, however, the
department may not expend, on an annual basis, more than eight percent of the total available
funds from the Domestic Violence Trust Fund, or the actual costs of administration, whichever
is less. (b) Each domestic violence center shall complete a financial audit after its first
year of operation following certification. Thereafter, a domestic violence center shall complete
a financial audit every three years or at the request of the director. (Acts 1981, No. 81-813,
p. 1452, §7; Act 99-589, p. 1344, §1; Act 2015-493, §2.)...
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