HB157 Summary

• Appropriates $39,004,803 from the Children First Trust Fund for fiscal year ending September 30, 2014, to multiple agencies including Department of Human Resources ($9,593,095), Department of Youth Services ($8,088,036), and Juvenile Probation Services ($4,657,710).

• Requires tobacco settlement revenues designated for the Children First Trust Fund to be deposited within 30 calendar days of receipt and directs the State Director of Finance to notify agencies in writing of anticipated allocations by September 1, 2013.

• Mandates quarterly allocation of at least one-fourth of each agency's total appropriated amount when tobacco revenues are available, with allocations made available for expenditure within five working days of quarter commencement.

• Appropriates an additional $45,168,359 from other tobacco settlement funds for fiscal year 2014, including $28,545,658 to Alabama Medicaid Agency and $13,000,000 for 21st Century Debt Service.

• Transfers from the Children First Trust Fund to the State General Fund the portion of receipts currently allocated to the State Board of Education during fiscal year 2014, and conditions any additional tobacco revenue appropriations on recommendation by the Director of Finance and approval by legislative committee chairs and the Governor.