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AL HB402
Bill
Status
3/7/2013
Primary Sponsor
Steve Clouse
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AI Summary
HB402 Summary
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Appropriates $39,004,803 from the Children First Trust Fund for fiscal year ending September 30, 2014, to various child-related agencies including the Department of Human Resources, Department of Youth Services, and Department of Public Health.
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Requires the State Director of Finance to notify each agency in writing of anticipated allocations by September 1, 2013, and mandates quarterly allocations to agencies with funds available within five working days of each quarter's commencement.
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Conditions all allocations upon receipt of tobacco settlement revenues and requires deposit of tobacco settlement revenues to the Children First Trust Fund within 30 calendar days of receipt.
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Transfers that portion of Children First Trust Fund receipts currently allocated for the State Board of Education to the State General Fund during fiscal year 2014.
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Appropriates an additional $45,168,359 from other tobacco settlement funds for fiscal year 2014 to agencies including Alabama Medicaid Agency, and allows conditional appropriation of any additional tobacco revenues upon recommendation of the Director of Finance and legislative committee chairs with gubernatorial approval.
Legislative Description
Children First Trust Fund, appropriations from for fiscal year ending September 30, 2014, use of allocation pursuant to Section 41-15B-2.2 and this act, Finance Director to notify each agency of anticipated allocations, quarterly allocations required, appropriations conditional on tobacco revenues, Children First Trust Fund receipts for State Board of Education, transferred to State General Fund for fiscal year 2014
Children First Trust Fund
Last Action
Indefinitely Postponed
5/7/2013