SB87 Summary

• Appropriates $39,885,565 from the Children First Trust Fund for fiscal year ending September 30, 2020, to 10 designated 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).

• Requires tobacco settlement revenues designated for the Children First Trust Fund to be deposited within 30 calendar days of receipt and mandates the State Director of Finance to notify agencies in writing by September 1, 2019, of their anticipated allocations.

• Conditions all allocations upon receipt of tobacco revenues and requires quarterly distribution of at least one-fourth of each agency's annual allocation, with allocations available for expenditure within five working days of quarter commencement.

• Appropriates an additional $48,901,593 from other tobacco settlement funds for fiscal year 2020 to five entities, including Alabama Medicaid Agency ($28,982,919) and 21st Century Debt Service ($16,000,000).

• Transfers Children First Trust Fund receipts currently allocated to the State Board of Education to the State General Fund during fiscal year 2020, and allows conditional appropriation of additional tobacco revenues upon recommendation by the Director of Finance and two legislative committee chairmen with Governor approval.