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AL SB208
Bill
AI Summary
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Amends Section 32-6-523 of the Code of Alabama 1975 to redirect net proceeds from sales of Alabama Association of Realtors distinctive license plates.
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Changes the recipient of license plate proceeds from the Alabama Children's Trust Fund to the Alabama Realtors Foundation.
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Net proceeds are calculated after deducting administrative costs and production costs incurred by the Department of Corrections.
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Becomes effective January 1, 2020, following passage and approval by the Governor.
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Passed the Senate on April 16, 2019 and the House on May 2, 2019.
Legislative Description
Association of Realtors, distinctive license plates, proceeds from sales redirected from Alabama Children's Trust Fund to the Alabama Realtors Foundation, Sec. 32-6-523 am'd.
Realtors
Last Action
Assigned Act No. 2019-138.
5/7/2019