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AL HB129
Bill
Status
6/4/2015
Primary Sponsor
Chris Sells
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AI Summary
HB129 Summary
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Appropriates $37,131,484 from the Children First Trust Fund for fiscal year ending September 30, 2016, to 11 entities including Department of Human Resources ($9,293,328), Department of Youth Services ($8,107,318), and Department of Public Health ($4,646,663).
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Requires tobacco settlement revenues to be deposited into the Children First Trust Fund within 30 calendar days of receipt, with quarterly allocations of at least one-fourth of total appropriations to each agency when revenues are available.
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Appropriates an additional $44,835,893 from tobacco settlement funds for fiscal year 2016, primarily to Alabama Medicaid Agency ($27,901,260) and 21st Century Debt Service ($13,000,000).
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Transfers Children First Trust Fund receipts allocated for the State Board of Education to the State General Fund during fiscal year 2016.
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Adds income tax check-off option for contributions to Children First Trust Fund, effective beginning in 2015 tax year, with contributions deposited to the trust fund.
Legislative Description
Children First Trust Fund, appropriations from for fiscal year ending September 30, 2015, use of allocation pursuant to Section 41-15B-2.2 and this act, tobacco settlement revenues deposited in fund within 30 days of receipt, Finance Director to notify each agency of allocation, appropriations conditional on tobacco revenues, appropriation of additional tobacco settlement funds, audit, Children's Affairs Department to report to Legislature and Children's Policy Council, appropriations from General Fund to various entities contingent upon adoption of const. amend. proposed by SB147, 2012 Reg. Sess.
Children First Trust Fund
Last Action
Delivered to Governor at 5:43 p.m. on June 4, 2015.
6/4/2015