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AL SB147
Bill
Status
2/9/2017
Primary Sponsor
Trip Pittman
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AI Summary
SB147 Summary
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Appropriates $37,725,742 from the Children First Trust Fund for fiscal year ending September 30, 2018, to multiple child-focused agencies including the Department of Human Resources ($9,500,000), Department of Youth Services ($8,107,318), and others as designated in Section 41-15B-2.2.
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Requires tobacco settlement revenues designated for the Children First Trust Fund to be deposited within 30 calendar days of receipt, with the Director of Finance notifying agencies by September 1, 2017, of anticipated allocations and distributing funds quarterly.
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Transfers the portion of Children First Trust Fund receipts currently allocated to the State Board of Education to the State General Fund during fiscal year 2018.
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Appropriates an additional $47,788,069 from other tobacco settlement funds for fiscal year 2018, distributed to the Department of Early Childhood Education, 21st Century Debt Service, Senior Services Trust Fund, Alabama Medicaid Agency, and related programs.
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Requires the Department of Early Childhood Education to approve investment plans with quality assurance measures and audit reporting before funds are allotted, with notification to legislators ten days before grants reach recipient agencies.
Legislative Description
Children First Trust Fund, appropriations from for fiscal year ending September 30, 2017, 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
Read for the first time and referred to the Senate committee on Finance and Taxation General Fund
2/9/2017