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AL SB121
Bill
Status
4/22/2010
Primary Sponsor
Rodger Smitherman
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AI Summary
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Proposes constitutional amendment allowing legislature to appropriate $100 million annually from Alabama Trust Fund for fiscal years 2011-2020 for transportation construction and improvement projects.
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Distributes 75% of appropriations to Department of Transportation: $1 million to Alabama Shortline Railroad Infrastructure Rehabilitation Fund with 20% matching requirement; $5 million per congressional district with specific allocations for mass transit, port improvements, and military base expansion projects; remainder divided among counties based on equal distribution and population ratios.
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Allocates 25% of appropriations to counties and municipalities: 45% divided equally among 67 counties, 55% divided by population ratio, with 10% of county allocations distributed to municipalities by population.
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Appropriations limited by Alabama Trust Fund capital floor of $2 billion; unallotted amounts due to limitation may be appropriated in subsequent fiscal years.
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Transfers additional funds from Alabama Trust Fund to Municipal and County Government Capital Improvement Funds equal to 1% of cumulative appropriations for fiscal years 2011-2020 to compensate for reduced interest earnings.
Legislative Description
Highways and other roads, Alabama Trust Fund, $100 million transferred annually in 2010 to 2020, inclusive, distrib. of portion after appropriation to Transportation Department, portions earmarked for special projects, distrib. of portion to counties and municipalities for transportation purposes, transfers from Alabama Trust Fund to Municipal Government Capital Improvement Fund and County Government Capital Improvement Fund, const. amend.
Constitutional Amendments
Last Action
Delivered to Secretary of State at 11:28 a.m. on April 22, 2010
4/22/2010