Bill 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.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2015-07-13 - Read for the first time and referred to the Senate committee on Finance and Taxation General Fund [SB13 Detail]

Text: Latest bill text (Introduced) [PDF]

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