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AL HB581

Bill

Status

Passed

5/22/2025

Primary Sponsor

Terri Collins

Click for details

Origin

House of Representatives

2025 Regular Session

AI Summary

HB581 Summary

  • Amends Section 45-52-161.02 of the Alabama Code to change the allocation of Morgan County's three percent TVA increase from 40 percent to 45 percent for the Morgan County Legislative Delegation Fund.

  • Changes the allocation to the Morgan County Rescue Squad from 8 percent to 9 percent of the three percent increase remaining after legislative delegation fund allocation.

  • Allocates 10 percent of remaining funds to the Decatur-Morgan County Entrepreneurial Center, with the remainder distributed through existing provisions.

  • Establishes the Morgan County Legislative Delegation Fund as a separate fund controlled by concurrent resolution of county legislators for office operations, staff, equipment, and allowable public purposes, with annual audits required.

  • Repeals former Sections 45-52-161.03 through 45-52-161.07 and becomes effective October 1, 2025.

Legislative Description

Morgan County, distribution of county's TVA in-lieu-of-taxes payments further provided for

Morgan County

Last Action

Enacted

5/22/2025

Committee Referrals

Local Legislation4/29/2025
Local Legislation4/17/2025

Full Bill Text

No bill text available