HB38 Alabama 2015 2nd Special Session
In Committee
Bill Summary
Sponsors
Session
Second Special Session 2015
Title
Appropriation process, shared revenue fund established, distribution of certain revenue above amount of revenue in the General Fund and Education Trust Fund prior to act
Description
This bill provides for the establishment of the Alabama Shared Revenue Fund and provides for the distribution of the proceeds of the shared revenue sources of the Education Trust Fund and the State General Fund initially into this fund to be allocated to the Education Trust Fund and the State General Fund based upon the percentages established in this bill
To establish the Alabama Shared Revenue Fund as a separate fund within the State Treasury, the balance of which shall be distributed to the Education Trust Fund and the State General Fund.
Subjects
Appropriations
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| September 10, 2015 | H | Read for the first time and referred to the House of Representatives committee on Ways and Means Education |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | HB38 Alabama 2015 2nd Special Session - Introduced |