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AL HB269
Bill
Status
2/3/2022
Primary Sponsor
Pebblin Warren
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AI Summary
HB269 Summary
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Appropriates $40,198,388 from the Children First Trust Fund for fiscal year ending September 30, 2023, to 11 entities including the Department of Human Resources ($11,000,000), Department of Youth Services ($8,107,318), and Department of Public Health ($4,717,267).
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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 conditions all allocations upon receipt of tobacco revenues.
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Directs the State Director of Finance to notify agencies in writing of anticipated allocations prior to September 1, 2022, and distribute funds quarterly with availability within five working days of each quarter's commencement.
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Appropriates an additional $52,239,843 from other tobacco settlement funds for fiscal year 2023, primarily to Alabama Medicaid Agency ($32,333,121) and 21st Century Debt Service ($16,000,000).
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Transfers from the Children First Trust Fund to the General Fund during fiscal year 2023 that portion of fund receipts currently allocated to the State Board of Education, and makes additional tobacco revenues conditionally available pending recommendation by Director of Finance and approval by legislative committee chairs and the Governor.
Legislative Description
Children First Trust Fund, appropriations from for fiscal year ending September 30, 2023, 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
Pending third reading on day 21 Favorable from Ways and Means General Fund
3/9/2022