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AL HB628
Bill
Status
5/28/2019
Primary Sponsor
Terri Collins
Click for details
AI Summary
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Allocates remaining Tennessee Valley Authority in-lieu-of-taxes payments to Morgan County after Act 2013-199 allocations are made, for fiscal years beginning October 1, 2018 through October 1, 2021.
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Distributes up to $330,000 annually to the Community Foundation of Greater Decatur, Inc., based on recommendations from House and Senate members representing Morgan County districts.
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Divides distributed funds into two shares: one for the Senate District and one for House Districts, allocated proportionally based on each House District's percentage of total Morgan County population.
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Directs all remaining funds after the Community Foundation distribution each year to the Morgan County legislative delegation office.
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Ratifies and confirms any payments previously made under Act 2014-109 and becomes effective immediately upon passage and gubernatorial approval.
Legislative Description
Morgan Co., T.V.A. distribution of designated portion under Act 2010-135, distrib until fiscal year commencing October 1, 2021, use of any remaining funds further provided
Morgan County
Last Action
Read for the first time and referred to the Senate committee on Local Legislation
5/28/2019