Code of Alabama - Title 29: Legislature - Chapter 9 - Education Trust Fund Rolling Reserve Act

• Section 29-9-1 Short title
  This chapter shall be known and may be cited as "The Education Trust Fund Rolling Reserve Act."
• Section 29-9-2 Definitions
  For the purposes of this chapter, the following terms shall have the following meanings: (1) ALABAMA TRUST FUND. The Alabama Trust Fund created by Amendment...
• Section 29-9-2.1 New recurring revenue
  For purposes of this chapter cited as "The Education Trust Fund Rolling Reserve Act", and notwithstanding the provisions of Section 29-9-3(b)(4), the funds received by...
• Section 29-9-3 Fiscal year appropriation cap
  (a) Notwithstanding any other provision of law to the contrary, beginning with appropriations made for the fiscal year ending September 30, 2013, appropriations from the...
• Section 29-9-4 Education Trust Fund Budget Stabilization Fund; Education Trust Fund Advancement and Technology Fund
  There is hereby created in the State Treasury an Education Trust Fund Budget Stabilization Fund and an Education Trust Fund Advancement and Technology Fund. Any...
• Section 29-9-5 Withdrawals from Education Trust Fund Budget Stabilization Fund
  (a) Except as provided in Section 29-9-3 and in subdivision (b), amounts in the Education Trust Fund Budget Stabilization Fund may be withdrawn only to...
• Section 29-9-6 Temporary transfers into Education Trust Fund
  During the first six months of a fiscal year, the Director of Finance may temporarily transfer available funds in the Budget Stabilization Fund into the...

Last modified: May 3, 2021