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AL HB331
Bill
Status
4/29/2021
Primary Sponsor
Pebblin Warren
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AI Summary
HB331 Summary
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Appropriates $40,368,723 from the Children First Trust Fund for fiscal year ending September 30, 2022, to 14 state entities including the Department of Human Resources ($11,000,000), Department of Youth Services ($8,107,318), and Department of Public Health ($4,710,970).
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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 to agencies based on fund availability.
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Appropriates an additional $47,110,312 from other tobacco settlement funds for fiscal year 2022, with $27,296,434 allocated to Alabama Medicaid Agency and $16,000,000 for 21st Century Debt Service.
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Transfers Children First Trust Fund receipts allocated for the State Board of Education to the State General Fund during fiscal year 2022.
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Requires the Department of Early Childhood Education to approve investment plans for each agency with minimum four quality assurance metrics and mandates periodic 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, 2022, 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 2:07 p.m. on April 29, 2021.
4/29/2021