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AL HB157
Bill
Status
5/22/2019
Primary Sponsor
Pebblin Warren
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AI Summary
HB157 Summary
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Appropriates $39,885,565 from the Children First Trust Fund for fiscal year ending September 30, 2020 to 11 entities including the Department of Human Resources ($11,000,000), Department of Youth Services ($8,107,318), and Department of Public Health ($4,679,806).
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Requires tobacco settlement revenues designated for the Children First Trust Fund to be deposited within 30 calendar days of receipt and mandates quarterly allocations of at least one-fourth of annual appropriations to agencies when tobacco revenues are available.
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Appropriates an additional $48,901,593 from other tobacco settlement funds for fiscal year 2020, with largest allocations to Alabama Medicaid Agency ($28,982,919) and 21st Century Debt Service ($16,000,000).
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Transfers Children First Trust Fund receipts previously allocated to the State Board of Education to the State General Fund during fiscal year 2020.
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Requires the Department of Early Childhood Education to approve investment plans for each agency including minimum four quality assurance items, and mandates reporting to the Joint Interim Legislative Oversight Committee and Alabama Children's Policy Council.
Legislative Description
Children First Trust Fund, appropriations from for fiscal year ending September 30, 2020, 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
Children First Trust Fund
Last Action
Delivered to Governor at 2:45 p.m. on May 22, 2019.
5/22/2019