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AL SB158
Bill
AI Summary
SB158 Summary
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Appropriates $40,427,150 from the Children First Trust Fund for fiscal year ending September 30, 2021, to 11 agencies including the Department of Human Resources ($11,000,000), Department of Youth Services ($8,107,318), and Department of Public Health ($4,698,154).
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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 allocates funds to agencies quarterly, with at least one-fourth of annual appropriations distributed at the beginning of each quarter when tobacco revenues are available.
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Appropriates an additional $53,148,004 from other tobacco settlement funds for fiscal year 2021, with the largest allocation to Alabama Medicaid Agency ($33,229,330).
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Transfers the portion of Children First Trust Fund receipts currently allocated for the State Board of Education to the State General Fund during fiscal year 2021.
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Requires the Department of Early Childhood Education Commissioner to certify approved investment plans for each agency, establish quality assurance measures, notify relevant legislators ten days before funds reach recipient agencies, and report to the Joint Interim Legislative Oversight Committee.
Legislative Description
Children First Trust Fund, appropriations from for fiscal year ending September 30, 2021, 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
Forwarded to Governor at 5:41 p.m. on May 7, 2020
5/7/2020