AL SB27 | 2015 | 2nd Special Session
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on September 9 2015 - 25% progression, died in committee
Action: 2015-09-09 - Read for the first time and referred to the Senate committee on Finance and Taxation General Fund
Pending: Senate Finance and Taxation General Fund Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on September 9 2015 - 25% progression, died in committee
Action: 2015-09-09 - Read for the first time and referred to the Senate committee on Finance and Taxation General Fund
Pending: Senate Finance and Taxation General Fund Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Legacy Trust Fund, created, board of trustees, settlement proceeds, assets repay Alabama Trust Fund Rainy Day Account, assets held in trust, interest paid to General Fund, Alabama Capital Improvement Trust Fund, and to Legacy Trust Fund, creation of authority to issue bonds using Deepwater Horizon Oil Spill Disaster Settlement required, const. amend.
Title
Legacy Trust Fund, created, board of trustees, settlement proceeds, assets repay Alabama Trust Fund Rainy Day Account, assets held in trust, interest paid to General Fund, Alabama Capital Improvement Trust Fund, and to Legacy Trust Fund, creation of authority to issue bonds using Deepwater Horizon Oil Spill Disaster Settlement required, const. amend.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2015-09-09 | Senate | Read for the first time and referred to the Senate committee on Finance and Taxation General Fund |
