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AL HR137
Resolution
Status
Passed
3/8/2022
Primary Sponsor
Ralph Howard
Click for details
AI Summary
- Congratulates President Joseph R. Biden and the United States Congress for protecting Alabama's economy during the COVID-19 pandemic
- Alabama's General Fund grew 11.44 percent in fiscal year 2021, significantly exceeding historical average growth of 3.71 percent between 2001-2019
- Alabama's Education Trust Fund increased 16.4 percent in fiscal year 2021, the largest growth rate ever recorded for the fund
- Federal stimulus totaling $8.2 billion in direct payments, over $6 billion in Paycheck Protection Program loans, over $4 billion in unemployment compensation, and over $250 million monthly in Advanced Child Tax Credits were distributed to Alabama residents and businesses
- At least half of Alabama's record revenue growth was directly attributed to federal stimulus provided to individuals across the state
Legislative Description
President Biden and U.S. Congress, commended
Resolutions, Congratulatory
Last Action
Joint Rule 11
3/8/2022
Full Bill Text
No bill text available