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AL SB367
Bill
AI Summary
SB367 Summary
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Amends Section 37-1-80.2 of the Code of Alabama 1975 to authorize transfers of funds from the Dual Party Relay Fund to the Education Trust Fund.
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Requires the Dual Party Relay Fund to transfer $30 million total to the Education Trust Fund in four installments: $8 million on October 15, 2011; $8 million on January 15, 2012; $7 million on April 15, 2012; and $7 million on July 15, 2012.
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The Dual Party Relay Fund continues to support telecommunications relay services for deaf and hearing-impaired persons through surcharges on local exchange company access lines, with surcharges exempted from utility gross receipts and use taxes.
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Becomes effective immediately upon passage and approval by the Governor.
Legislative Description
Public Service Commission, transfer of certain amount of funds from Dual Party Relay Fund to Education Trust Fund before certain designated dates, Sec. 37-1-80.2 am'd.
Education Trust Fund
Last Action
Read for the first time and referred to the Senate committee on Finance and Taxation Education
4/6/2011